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A $2.25bn Precision Medicine Group deal puts McKesson's oncology buildout in focus

8/26/2026

A $2.25 billion deal to acquire Precision Medicine Group puts McKesson's oncology and multi-speciality strategy in focus.

The US-based healthcare services provider will absorb Precision Medicine Group into that segment once regulatory approvals and other customary closing conditions are satisfied. The acquisition is a capacity buy.

Precision Medicine Group was founded as a global clinical research and commercialisation services provider and works with biotechnology and pharmaceutical companies.

Its integrated offerings combine services and technology-based products across biomarker intelligence, laboratory services, a global clinical research organisation, market access consulting, and commercialisation support.

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