Posts tagged “LabCorp”
A pair of life science giants - and rivals - are making moves. QuintilesIMS is raising nearly $1.5 billion in capital, perhaps in part for future acquisitions. Meanwhile, LabCorp makes a buy to expand its services network.
LabCorp Chairman and CEO David King is expecting 2017 to be "another record year" after the global life science giant based in Burlington reported record revenues in 2016 in its latest earnings report.
John Ratliff, who resigned as president of Quintiles for "personal reasons" in 2013, is taking over as CEO of Covance Drug Development, which is now owned by LabCorp.
In our latest wrapup of Triangle headlines from other publications, catch up on reports about the new Fortune 500 and what North Carolina firms made it as well as news about Time Warner Cable, Metabolon and an investigation into H-1B visas in Charlotte.
Tech briefs: Two business units of Bayer Environmental Science are sold; INC plans an ideathon to improve clinical trials; Durham-based Teamworks strikes a deal with Major League Lacrosse; and LabCorp launches a recently approved bladder cancer test.
Triangle headlines: $55M Duke Energy-Duke U. power project; Cree patent deal; LabCorp colon cancer blood test; Cree's board
In today's wrapup of Triangle related tech and life science news: Duke Energy and Duke University are collaborating on a $55 million energy project; Cree settles a patent suit; LabCorp launches a new blood test targeting colon cancer; and Cree names former Advanced Auto Parts CEO to board.
Tuesday's merger of Quintiles with IMS Health Services might trigger other CRO deals affecting the Triangle, says Chapel Hill-based analyst Andrew Schafer of Industry Standard Research. Also, Wall Street is giving the Q deal the thumbs down as shares tumble 8 percent. Why? Schafer explains. Plus, a Bloomberg columnist weighs in.
Triangle headlines: Ex-Army Ranger's startup; Moogfest wants $$$; 8 TED lessons; LabCorp's investment
In a roundup of Triangle tech news as reported by other media outlets: An ex-Army Ranger is building a promising startup; Moogfest wants financial support from Durham; a recap of the recent TEDx event in Raleigh; and a Boston firm lands backing from LabCorp.
Quintiles is one of only four North Carolina companies that improved their standing in the 2015 Fortune 500 list. Quintiles also is one of only two N.C. life science firms to make the elite, just slightly below rival LabCorp.
Covance boosts LabCorp earnings; ESPN sues Verizon; data case to SCOTUS; Apple Pay for Discover; Raleigh startup raises $470,000
In today's Bulldog wrapup of life science and technology news: Covance gives a boost to LabCorp earnings but currency headwinds hurt; ESPN sues Verizon over unbundling; the Supreme Court to hear personal data privacy case; Discover supports Apple Pay; and a Raleigh photo app startup raises $470,000.