Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of Monogram Biosciences, Inc.

Business Wire, June 24, 2009

BENSALEM, Pa. -- Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Monogram Biosciences, Inc. (“Monogram” or the “Company”)(Nasdaq:MGRM) related to an agreement with Laboratory Corporation of America Holdings to acquire all of the outstanding shares of Monogram in an all-cash deal valued at approximately $155 million, including debt.

Under the terms of a definitive agreement and plan of merger entered into by the parties, Monogram shareholders will receive $4.55 in cash for each share of Monogram they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law related to the proposed acquisition.

If you own the common stock of Monogram Biosciences, Inc., and you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com.