Posts tagged “LabCorp”

Updated April 21, 2011

Report: LabCorp moving 146 jobs to NC from Massachusetts

LabCorp According to an internal memo, the lab testing giant is preparing to cut 146 positions from a Genzyme operation that the company acquired. The jobs reportedly will be moved to LabCorp's headquarters in Burlington.

April 7, 2011

LabCorp buys DNA testing firm for $85.4M

LabCorp The Burlington-based lab testing firm plans to pay cash for Orchid Cellmark, which focuses on identity testing services.

February 10, 2011

LabCorp 4Q profits beat Street expectations

LabCorp Annual revenues top $5 billion for the global laboratory testing company.

February 1, 2011

LabCorp makes virology testing data available to researchers

HIV AIDS research The drug testing firm publishes "Virology Report," which it says is "an unprecedented resource" for testing data.

December 6, 2010

GSK's top N. American exec headlines CED biotech conference

CED Biotech Conference Dierdre Connelly will be joined by LabCorp, Talecris, venture firm NEA and Holostic executives as keynote presenters.

November 18, 2010

LabCorp gets U.S. nod for Genzyme unit acquisition

LabCorp The Federal Trade Commission has blessed the deal after an antitrust review.

October 21, 2010

LabCorp beats Street estimates on profits by 7 cents per share

LabCorp The Burlington-based testing giant also raises its profit forecast for the year.

Updated September 13, 2010

LabCorp to acquire genetic testing unit of Genzyme for $925M

LabCorp Genzyme is resisting takeover attempt by Sanofi-Aventis. LabCorp, the Burlington-based global testing company, is paying cash for Genzyme Genetic in a bid to broaden reproductive, genetic, oncology and clinical trials capabilities.

July 22, 2010

LabCorp beats Street estimates for second quarter earnings, ups guidance

LabCorp The Burlington, N.C.-based lab testing giant bucks tough economy with profit of $1.46 per share. LabCorp also ups its revenue and profit guidance for the year.

April 21, 2010

LabCorp profit barely misses Street’s expectations

LabCorp The Burlington-based testing giant blames weather for having “a significant impact” on its financials.

April 6, 2010

Startup CancerGuide Diagnostics partners with Duke

CancerGuide The Durham-based firm signs a research and licensing deal with Duke with a focus on individualized cancer detection tests.

Updated February 11, 2010

LabCorp will add 346 jobs in Greensboro at new billing center

LabCorp CEO David King The international lab testing services firm receives a $275,000 state grant plus $900,000 in local tax incentives. LabCorp says it will invest $4 million over the next three years in the new operation.