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In January 2003, Labcorp acquired Dianon, a provider of oncology and genomic diagnostic testing services, for $598 million in cash. [ 28 ] [ 29 ] [ 30 ] In February 2005, the company acquired US Pathology Labs Inc., a provider of anatomical pathology and oncology testing services, for $155 million.
In 2019, Dynacare was described as a LabCorp company, that is "continually developing new programs and services, including "home care services, and Dynacare Plus, an easy-to-use online portal where individuals can understand their lab test results and manage their health." Dynacare had "the largest and most advanced menu of diagnostic and ...
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[4] [5] Prior to founding LigoLab, Avunjian was Director of IT for Health Line Clinical Laboratories, which was eventually acquired by Labcorp. [ 6 ] In late 2019, LigoLab partnered with Washington-based lab Northwest Pathology to develop TestDirectly, a software tool for facilitating DTC COVID-19 testing during the COVID-19 pandemic . [ 7 ]
In June 2021, the company changed its name to Labcorp Drug Development. [55] In February 2023, the company was renamed Fortrea Holdings. [56] In July 2023, Labcorp completed the corporate spin-off of the company. [57] In June 2024, the company sold its Endpoint Clinical and Fortrea Patient Access businesses to Arsenal Capital Partners. [58]
Quest Diagnostics Incorporated is an American clinical laboratory.A Fortune 500 company, Quest operates in the United States, Puerto Rico, Mexico, and Brazil. [3] Quest also maintains collaborative agreements with various hospitals and clinics across the globe.
Clinical laboratory services includes large multinational corporations such LabCorp, Quest Diagnostics, and Sonic Healthcare [23] but a significant portion of revenue, estimated at 60% in the United States, is generated by hospital labs. [24] In 2018, the total global revenue for these companies was estimated to reach $146 billion by 2024. [25]
LabCorp Clinical Trials Selected as a Preferred Provider for Global Central Laboratory Services by Bristol-Myers Squibb BURLINGTON, N.C.--(BUSINESS WIRE)-- Laboratory Corporation of America ...
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