Posts tagged “LabCorp”

July 31

Premium Lock LabCorp makes another CRO move, acquiring Chiltern for $1.2B

LabCorp, the Burlington-based life science conglomerate, is getting even bigger - with a bit of a North Carolina touch. In a deal disclosed early Monday, LabCorp says it is buying contract research organization Chiltern.

Chiltern Chiltern

July 26

Premium Lock Top LabCorp exec: 'We are well positioned for growth'

David King LabCorp beats the Street in revenue and earnings, and its top executive sees more growth ahead for the Burlington-based life science services giant.

June 29

Premium Lock Walgreens, LabCorp partner for in-store lab services

Lab testing Walgreens' slogan "At the Corner of Happy & Healthy" may soon include "lab testing." LabCorp and Walgreens are partnering to offer LabCorp testing services in the drug store chain with one of the first to be based in Morrisville.

Updated June 14

Premium Lock LabCorp's Covance to open 37,000 SF lab in Morrisville targeting precision medicine, will likely add jobs

LabCorp    LabCorp's Covance Drug Development group will open a diagnostics lab in Morrisville that will focus on development of precision medicines. Plus: What the lab will include.

April 26

Premium Lock LabCorp matches earnings expectations but misses on revenue

LabCorp    Burlington-based health care company Laboratory Corporation of America Holdings reported a 17 percent increase in net earnings for the first quarter due the company's strong growth.

Updated February 24

Premium Lock Life science giant battle continues: QuintilesIMS raising $1.5B; LabCorp acquires labs group

QuintilesIMS   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.

February 16

Premium Lock LabCorp CEO: 2017 looks to be 'another record-breaking year'

LabCorp    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.

January 10

Premium Lock LabCorp moves to acquire Mount Sinai clinical labs

LabCorp    Laboratory Corporation of America says it will add the outreach laboratories of Mount Sinai Health System to its network of lab services network.

Updated September 20, 2016

Premium Lock LabCorp names former Quintiles exec to lead Covance

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.

John Ratliff John Ratliff

September 19, 2016

Premium Lock LabCorp donates building to Burlington's Impact Alliance

LabCorp    Impact Alamance will use the building to create collaborative working and meeting space with non-profit organizations.

September 8, 2016

Premium Lock CEO of LabCorp's Covance division is stepping down

LabCorp Deborah Keller, chief executive officer of the Covance Drug Development division, has told LabCorp that she intends to resign on Oct. 1.

August 25, 2016

Premium Lock LabCorp acquisition of Sequenom passes regulatory review

LabCorp    Laboratory Corporation of America's planned acquisition of Sequenom Inc. has cleared antitrust review.

Updated June 8, 2016

Premium Lock Triangle headlines: NC in Fortune 500; TWC being 'bullied;' H-1Bs in Charlotte; Metabolon deal

Triangle headlines 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.

June 6, 2016

Premium Lock LabCorp offers Zika virus test; RTI to host forum on the threat

Zika virus concerns LabCorp is rolling out a Zika virus test as concerns about the threat mount. Meanwhile, RTI International will host a forum about Zika on Tuesday with Congressman David Price.

May 20, 2016

Premium Lock 2 Bayer units sold; INC ideathon; Teamworks lacrosse deal; bladder cancer test

Tech briefs 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.

May 9, 2016

Premium Lock Triangle headlines: $55M Duke Energy-Duke U. power project; Cree patent deal; LabCorp colon cancer blood test; Cree's board

Triangle headlines 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.

Updated May 3, 2016

Premium Lock Analyst: Q-IMS merger could trigger more deals; why Street doesn't like Q deal

Tech mergers 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.

April 19, 2016

Premium Lock LabCorp-INC merger talks ignites little enthusiasm on Street

INC Research News that Burlington-based LabCorp and Raleigh-based INC Research are possibly talking about a merger has ignited little excitement on Wall Street.

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