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Laboratory Corporation of America Holdings (Labcorp), headquartered in Burlington, North Carolina, provides laboratory services used for diagnosis and healthcare decisions. [1] It operates one of the largest clinical laboratory networks in the world and has operations in over 100 countries; although its operations are primarily in the U.S. [ 1 ]
This is a list of companies in the United States by state where their headquarters is located: Alabama ... LabCorp; Lance Inc. LendingTree; Lichty Guitars; Liggett Group;
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]
Labcorp will acquire all of the bankrupt firm's assets on a going concern basis for $239 million in cash consideration and other non-cash consideration, the companies said in separate statements.
Labcorp expects 2024 total enterprise revenue to grow in the range of 4.7% to 6.5%. On an adjusted basis, it earned $3.30 per share, topping estimates of $3.26.
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Labcorp is Alamance County's largest employer, employing over 5,000 people in the county. [64] Honda Aero, a subsidiary of Honda, recently announced that it will move its corporate headquarters to Burlington and build a $21 million plant at the Burlington-Alamance Regional Airport where it will build its HF120 jet engines for use in very light ...
Labcorp Drug Development is a contract research organization headquartered in Burlington, North Carolina, providing nonclinical, preclinical, clinical and commercialization services to pharmaceutical and biotechnology industries.
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