The US Bankruptcy Court gave an order approving the sale of substantially all the assets of Invitae Corporation on May 7, 2024. The debtor has been authorized to sell its substantially all its assets to Labcorp Genetics Inc. for a purchase price of $239 million in cash plus reimbursement amount of $4 million. The purchaser is represented by William Intner, Jessica A. Bisignano and Erin N. Brady of Hogan Lovells US LLP as its legal advisors.