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In February 2015, Labcorp acquired Covance for $6.1 billion in cash and stock. [37] [38] In 2016, the company entered into a strategic alliance with Global Specimen Solutions, in which the company offered GSS products GlobalCODE and snapTRACK to its clients. [39] In December 2017, Covance acquired the company. [40]
In December 2014, Labcorp acquired Bode Technology Group, a provider of forensic DNA analysis, DNA collection products, and relationship testing and the largest DNA forensic testing company in the U.S., from SolutionPoint International. [49] [50] [51] In February 2015, Labcorp acquired Covance for $6.1 billion. [52] [53]
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In January 2022, the company acquired Integrated Laboratory Systems for $56 million. [13] In February 2022, the company acquired Orient BioResource Center, a preclinical contract research organization and animal model supplier for $51 million. [14] In August 2023, the company sold its Israeli business to Harlan Holdings for $3.7 million. [15]
LabCorp's (LH) Covance arm grows on strategic acquisitions including MI Bioresearch. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ...
Investors are optimistic about LabCorp's (LH) better-than-expected results and robust base business performance.
April 1999: Covance (now Fortea) announced it would acquire Parexel for $612.7 million in stock; [20] however, the agreement was terminated two months later. [21] September 1999: Parexel acquires CEMAF S.A., a Phase I clinical research and bioanalytical laboratory located in Poitiers, France for an initial cash payment of approximately $3.0 ...
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