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In March 2016, Labcorp acquired Pathology Inc., a provider of reproductive donor testing as well as anatomic, molecular and digital pathology services focused on women's health. [ 55 ] In September 2016, Labcorp acquired Sequenom for $371 million including debt, expanding its operations in Europe and Asia.
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In 2002, Laboratory Corporation of America Holdings (LabCorp), a clinical lab provider based in the United States, acquired Dynacare Laboratories. [5] LabCorp purchased all of Dynacare's outstanding shares for US$480 million and assumed Dynacare's debt of US$205 million. [ 5 ]
American Pathology Partners, Inc. (otherwise referred to as APP or AP2) is a privately held medical laboratory company [1] headquartered in Nashville, Tennessee.The company operates a nationwide network of pathology laboratories focused on local and regional healthcare.
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]
The International Council on Harmonisation of Technical Requirements for Registration of Pharmaceuticals for Human Use, a 2015 Swiss NGO of pharmaceutical companies and others, defined a contract research organization (CRO), specifically pertaining to clinical trials services as: [8]: 10 "A person or an organization (commercial, academic, or other) contracted by the sponsor to perform one or ...