Laboratory Corp of America Holdings - Company Profile
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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.
Laboratory Corp of America Holdings premium industry data and analytics
Products and Services
Services | Brands |
---|---|
- | - |
LabCorp | AccuDraw |
General and Specialty Laboratory Testing | Care Intelligence |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Asset Purchase | In April, the company acquired Providence Oregon's outreach laboratory business and select assets in Oregon, the US. |
2024 | New Products/Services | In April, the company launched a test for glial fibrillary acidic protein. |
2024 | Contracts/Agreements | In April, the company entered into a partnership with Xcell Biosciences Inc. to join the beta program for Xcellbio's AVATAR instrument clinical manufacturing line. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Adam H. Schechter | President; Chairman; Chief Executive Officer | Executive Board | 2020 | 58 |
Glenn A. Eisenberg | Executive Vice President; Chief Financial Officer | Senior Management | 2014 | 61 |
Peter J. Wilkinson | Chief Accounting Officer; Senior Vice President | Senior Management | 2019 | 52 |
Amy B. Summy | Chief Marketing Officer; Executive Vice President | Senior Management | 2020 | 57 |
Sandra D. van der Vaart | Chief Compliance Officer; Chief Legal Officer; Executive Vice President; Secretary | 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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