Labcorp

Labcorp, officially known as Laboratory Corporation of America Holdings, is a global leader in laboratory services. Headquartered in Burlington, North Carolina, the company employs over 70,000 people and operates in approximately 100 countries. Labcorp generates $13.01 billion in annual revenue and performs more than 700 million tests each year. Founded in 1969, Labcorp has evolved through significant mergers and acquisitions, including the formation of the largest U.S. blood-testing company in 1995 and the acquisition of Covance in 2015 to enhance its drug development capabilities. The company provides a wide range of services, including clinical diagnostics, drug development, and specialized testing in areas such as oncology and rare diseases. Labcorp's integrated model connects diagnostics to drug development, supporting healthcare providers and researchers in improving patient care and advancing scientific knowledge.