McKesson CorporationMcKesson agrees to acquire Precision Medicine Group for $2.25 billion, expanding its specialty care and oncology services mix.

McKesson has announced an agreement to acquire Precision Medicine Group for $2.25 billion, aiming to expand its oncology and clinical research services. The deal is part of McKesson's broader strategy to shift from low-margin distribution to higher-value specialty care, personalized medicine, and biopharma clinical trial support. The acquisition is expected to deepen McKesson's role in trial design, commercialization support, and data-driven oncology services, while also adding operational and regulatory complexity in a competitive segment where rivals like AmerisourceBergen and Cardinal Health are also investing. McKesson, a large US healthcare services provider with a market value of about $105.5 billion, has been improving its revenue mix through recent acquisitions such as Core Ventures and PRISM Vision, positioning itself for higher operating margins and earnings growth.
McKesson CorporationMcKesson agrees to acquire Precision Medicine Group for $2.25 billion, expanding its specialty care and oncology services mix.
Cardinal Health Inc
Cencora Inc.Precision Medicine Group is being acquired by McKesson for $2.25 billion.