Laboratory Corp of America Holdings - Company Profile

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Laboratory Corp of America Holdings: Overview

Laboratory Corp of America Holdings (LabCorp) is a provider of clinical laboratory services and end-to-end drug development support. It focuses on the development and commercialization of a range of diagnostic technologies and testing services. The company offers clinical diagnostics laboratory services such as core testing, genomic and esoteric testing. Its services include general and specialty laboratory testing, bone marrow and human leukocyte antigen (HLA) testing, clinical trials services, drug testing services, deoxyribonucleic acid (DNA) identification services, forensic identity services, insurance health plan services, paternity testing services, patient services, personalized medicine, and hospital services. It also offers drug development services through Covance. It offers services to managed care organizations, physicians, hospitals, government agencies, and biotechnology and pharmaceutical companies through a network of primary laboratories and patient service centers. The company has operations across the US, Belgium, China, Singapore, the UK, and other countries. LabCorp is headquartered in Burlington, North Carolina, the US.

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Headquarters United States of America

Address 358 S Main St, Burlington, North Carolina, 27215-5837


Telephone 1 336 2291127

No of Employees 67,000

Industry Medical Equipment

Ticker Symbol & Exchange LH (NYSE)

Revenue (2023) $12.2B

EPS XYZ

Market Cap* $17.6B

Net Profit Margin (2023) XYZ -68.1%

   

* As of and is in US$
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Laboratory Corp of America Holdings premium industry data and analytics

50+

Medical Pipeline Products

A database of medical devices that are in the process to get approved for sale around the world. Devices that are in development, through to those in the approval process are included.

50+

Medical Clinical Trials

A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.

2

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Laboratory Corp of America Holdings (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

Products and Services

Services Brands
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LabCorp AccuDraw
General and Specialty Laboratory Testing Care Intelligence
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In March, the company entered into a partnership with Pinnacle Fertility to boost the scope and quality of genetic testing services available to Pinnacle Fertility's patients.
2024 New Products/Services In March, the company launched its Weight Loss Management portfolio.
2024 New Products/Services In January, the company introduced a blood test designed to evaluate the risk and aid in the clinical management of severe preeclampsia.
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Competitor Comparison

Key Parameters Laboratory Corp of America Holdings IQVIA Holdings Inc Quest Diagnostics Inc ICON Plc Sonic Healthcare Ltd
Headquarters United States of America United States of America United States of America Ireland Australia
City Burlington Durham Secaucus Dublin Sydney
State/Province North Carolina North Carolina New Jersey Dublin New South Wales
No. of Employees 67,000 87,000 40,000 41,100 41,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Adam H. Schechter Chairman; Chief Executive Officer; President Executive Board 2020 58
Glenn A. Eisenberg Chief Financial Officer; Executive Vice President Senior Management 2014 61
Peter J. Wilkinson Senior Vice President; Chief Accounting Officer Senior Management 2019 52
Amy B. Summy Executive Vice President; Chief Marketing Officer Senior Management 2020 57
Sandra D. van der Vaart Chief Legal Officer; Executive Vice President; Secretary; Chief Compliance Officer Senior Management 2020 63
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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