History

With roots going back more than 100 years, LabCorp has been dedicated to improving health and improving lives. 

LabCorp has grown organically and through targeted acquisitions that have added to its geographic and technological scope. Today LabCorp is a leading global sciences company that is deeply integrated in guiding patient care. With net revenue in excess of $9.5 billion in 2016, LabCorp’s 50,000-plus employees serve more than 220,000 clients in approximately 60 countries and provide diagnostic, drug-development and technology-enabled solutions for more than 100 million patient encounters per year. It continues to strive every day to fulfill its mission: to improve health and improve lives.

1905

Hoffmann-La Roche comes to the U.S.

Hoffmann-La Roche—one of the first companies to recognize that the industrial manufacture of medicines would be a major advance in the fight against disease and which was founded in Switzerland in 1896—begins operations in the United States.

1969

Biomedical Laboratories founded

Hoffmann-La Roche officially enters the lab business by acquiring the Kings County Research Laboratory. About the same time, Thomas Edward Powell III, and his twin brothers, Dr. James B. Powell and John Powell, form Biomedical Laboratories (later known as Biomedical Reference Laboratories) in a hospital basement in Burlington, N.C.

1974

National Health Laboratories (NHL) is formed

Revlon, Inc. enters the lab business and, after a number of acquisitions, adopts the name National Health Laboratories Incorporated (NHL).

1982

Acquisition of Biomedical Reference Laboratories

After a number of acquisitions, Hoffmann-La Roche acquires Biomedical Reference Laboratories.

1983

Merger forms Roche Biomedical Laboratories (RBL)

Hoffmann-La Roche merges all of its laboratory companies into one company, now called Roche Biomedical Laboratories (RBL).

1994

National Health Laboratories grows

NHL further broadens its laboratory testing capabilities by acquiring the sixth-largest clinical lab in the U.S., Allied Clinical Health. By the mid 1990s, NHL and RBL are two of the largest clinical, drug-screening and paternity laboratories in the U.S.

1995

LabCorp is created

NHL and RBL merge to become one of the largest clinical lab providers in the world. Led by Dr. James Powell, the new company, Laboratory Corporation of America Holdings, is headquartered in Burlington, N.C. 

2000

National Genetics Institute

LabCorp acquires Los Angeles-based National Genetics Institute, allowing LabCorp to gain NGI’s ultra-sensitive hepatitis C testing capability.

2001

ViroMed acquisition

ViroMed, one of the leading laboratories in molecular microbial testing using real-time PCR platforms, becomes a part of LabCorp.

2002

LabCorp acquires Dynacare

With the acquisition of Dynacare, LabCorp expands its geographic presence in the western and midwestern United States, as well as creating LabCorp’s first significant international presence in Canada.

2003

DIANON Systems becomes part of LabCorp

LabCorp continues to build the most robust anatomic pathology capabilities in the world by acquiring DIANON Systems, now Dianon Pathology. Dianon is distinguished for its capabilities in specific organ systems and clinical disciplines of uropathology, dermatopathology, and gastrointestinal pathology. 

2005

LabCorp acquires Esoterix, Inc. and US LABS

Both Esoterix, Inc. and US LABS become part of the LabCorp family. 

Esoterix, Inc. and its leading specialty labs—Colorado Coagulation, Endocrine Sciences, and Cytometry Associates—further increase the scope of LabCorp’s esoteric testing expertise. US LABS’ extensive menu of esoteric oncology testing and expertise across multiple methodologies balance LabCorp’s anatomic pathology capabilities. The businesses now operate under the LabCorp Specialty Testing Group designation as Colorado Coagulation, Endocrine Sciences, and Integrated Oncology.

 

 

2006

Litholink becomes part of LabCorp

LabCorp acquires Litholink, a leading provider of testing that provides targeted treatment information, helping physicians better manage and prevent chronic diseases, including kidney stones and chronic kidney disease. 

2008

Tandem Laboratories purchased by LabCorp

LabCorp expands its clinical trials, personalized medicine, and companion diagnostic capabilities by purchasing Tandem Laboratories. A leading bioanalytical and immunoanalytical contract research organization (CRO), Tandem supports pharmaceutical and biotechnology companies with their discovery, preclinical, and clinical drug development programs. Tandem becomes part of LabCorp Clinical Trials.

2009

Monogram Biosciences is purchased by LabCorp

LabCorp purchases Monogram Biosciences, a recognized leader in the discovery and commercialization of products to guide and improve the treatment of HIV, cancer, and other serious diseases.

2010

LabCorp finalizes acquisition of Genzyme Genetics

LabCorp completes its $1 billion acquisition of Genzyme Genetics, a business unit of Genzyme Corporation. Genzyme Genetics (which now operates as Integrated Oncology and Integrated Genetics under the LabCorp Specialty Testing Group banner) provides complex reproductive and oncology testing services. With this addition, LabCorp substantially expands its genetics and oncology services capabilities.

2011

Orchid Cellmark, Inc. becomes part of LabCorp

LabCorp acquires Orchid Cellmark, Inc. (Orchid), harmonizing two experienced and highly qualified forensics and family relationship laboratories. This acquisition further expands LabCorp’s international presence, as Orchid maintains DNA testing facilities both in the United States and in the United Kingdom. This acquisition adds to the existing capabilities of LabCorp's forensics identity business. 

2012

LabCorp acquires MEDTOX, forms three new subsidiaries

2012 is a big year for the LabCorp brand. First, LabCorp completes the acquisition of MEDTOX Scientific, Inc. (now MedTox), adding this premier organization to LabCorp’s group of specialized testing companies and strengthening its services in specialized toxicology and medical drug monitoring testing services. 

LabCorp also announces that the reproductive portion of Genzyme Genetics business will now be called Integrated Genetics. At the same time, the US LABS and Genzyme Genetics oncology brands unite under a new name, Integrated Oncology.

In addition, LabCorp announces the new global brand name, Cellmark Forensics, for its worldwide business serving the law enforcement and legal communities. The new name represents a combination of LabCorp's forensics identity business and Orchid Cellmark. 

2014

Two new additions to LabCorp

LabCorp acquires LipoScience, Inc., a provider of specialized cardiovascular diagnostic lab tests based on nuclear magnetic resonance (NMR) technology. LipoScience enhances LabCorp’s existing cardiovascular and metabolic disorder test menu and cardiovascular disease program.

The company also completes the acquisition of Bode Technology Group, Inc. Bode Technology’s capabilities strengthen LabCorp’s range of forensics and DNA identification testing services, furthering the company's strategy to continue to lead in scientific innovation. LabCorp later combines Cellmark Forensics and Bode Technology, creating the Bode Cellmark Forensics, representing the company’s commitment to serve customers in the forensic, law enforcement, and legal communities globally.

2015

Acquisition of Covance headlines a banner year

In February 2015, LabCorp completes its $6 billion purchase of Covance, Inc., creating the world’s leading health care diagnostics company. The combination of Covance’s drug development leadership and LabCorp’s medical testing expertise builds the market leader in central laboratory and bioanalysis services. LabCorp’s clinical trials companies, LabCorp Clinical Trials and Tandem Laboratories, align under the Covance brand.

In addition, the acquisition of Safe Foods International Holdings and its subsidiaries—The National Food Laboratory and the International Food Network—adds to the existing range of industry-leading services to the global food, beverage, and nutrition industries offered by Covance Food Solutions. 

2016

LabCorp acquires Sequenom

LabCorp successfully completes the acquisition of Sequenom, a leader in non invasive prenatal testing (NIPT), women’s health and reproductive testing, and other services. This addition allows LabCorp to offer the most complete range of testing options in women’s health, including NIPT and reproductive genetics, and expands LabCorp’s geographic reach, both domestically and internationally.