LABS Inc. Acquires Assets of Laboratories at Bonfils

LABS Inc. reached an agreement with Bonfils Blood Center to acquire the assets of Laboratories at Bonfils – a subsidiary of the blood center. The parties signed the asset purchase agreement on Oct. 28 which was finalized on Nov. 30.

Laboratories at Bonfils, owned and operated by Bonfils Blood Center since 1998, has been a premier reference laboratory in transplant medicine for more than 25 years. It is the leading industry resource for donor eligibility testing for the human eye, tissue, reproductive, stem cell and solid organ transplant industry. The majority of U.S. tissue and eye banks currently utilize Laboratory at Bonfils services because of its quality, cutting-edge technology and its unique ability to perform donor eligibility and suitability testing under one roof.

 Although Bonfils Blood Center has divested its holdings in Laboratories at Bonfils, our partnership in the community will remain strong. This move allows both Bonfils and LABS Inc. the opportunity to enhance services to our community.

“Consistent improvement in the safety of human organs and tissue for transplant has driven growth for transplants and LABS Inc. will continue to provide accurate, high quality and timely testing methods,” said Elizabeth Hearty, chief executive officer of LABS Inc. “Our vision is to be a leader in the transplant community by offering a consultative and partnering approach to quality laboratory services.”

LABS Inc. is a nonprofit, taxable affiliate of AlloSource, a Colorado-based, nonprofit provider of bone and soft tissue allografts to local communities. LABS Inc. retains its own management team reporting to an independent board of directors. The more than 100 Laboratories at Bonfils staff, including, senior management, PhDs and highly qualified laboratory personnel, will continue to provide unparalleled consultative expertise and industry knowledge to customers under the new LABS Inc. name. LABS Inc. will continue to serve the needs of the Denver community by providing a full range of testing services to Denver healthcare facilities. The impeccable service and quality testing that its customers have come to expect will remain unchanged.

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