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InVitae (NVTA) to acquire Genosity

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InVitae (NVTA) Announces $1.15 Billion Investment Supporting Ongoing Growth Initiatives

April 5, 2021 7:57 AM EDT

Invitae (NYSE: NVTA), a leading medical genetics company, today announced that a small group of investors, led by SB Management, a subsidiary of Softbank Group Corp., will make an investment of $1.15 billion in convertible senior notes to support the Company's future growth initiatives.

"Invitae's mission is to deliver genetic information to improve healthcare for billions of people at all stages of life. With the support of our long-term shareholders, we're creating the platform to support the routine use of genetics in mainstream medicine to result in better... More