Laboratory Corp of America Holdings - Company Profile
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Laboratory Corp of America Holdings (LabCorp) is one of the leading independent clinical laboratory companies in the US. The company provides clinical laboratory testing services and drug development services globally. Focus on innovation and technology and extensive operational network are its strengths, even as decline in business performance could be a major cause for concern. LabCorp stands to benefit from growing IVD market, strategic agreements and growth initiatives. However, rapid technological changes, stiff competition and stringent government regulations could hamper the company's growth prospects.
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