Laboratory Corporation of America Holdings, known as Labcorp (NYSE:LH), is a global life sciences company specializing in clinical laboratory testing, drug development services and technology-enabled diagnostics. The company offers a comprehensive menu of routine and esoteric tests through over 2,000 patient service centers and a network of laboratories. Beyond core clinical testing, Labcorp provides central laboratory services, genomics, molecular diagnostics and digital pathology solutions to biopharmaceutical companies, healthcare providers and patients worldwide.
Labcorp’s roots date back to 1978 with the establishment of Roche Biomedical Laboratories. A series of mergers and acquisitions over subsequent decades—including the integration of National Health Laboratories and Unilab in the mid-1990s—led to the formation of Labcorp as it is known today. In 2015, Labcorp expanded its footprint in drug development and central lab services through the acquisition of Covance, bolstering its capabilities in preclinical research, clinical trial management and regulatory support.
Headquartered in Burlington, North Carolina, Labcorp operates in more than 100 countries across North America, Europe, Asia-Pacific and Latin America. The company serves a diverse client base that includes hospitals, physician offices, research institutions and pharmaceutical companies. Labcorp’s extensive global infrastructure encompasses high-throughput clinical laboratories, regional testing facilities and specialized centers for genetic testing and esoteric diagnostics.
Under the leadership of President and Chief Executive Officer Adam H. Schechter, Labcorp continues to pursue innovation in areas such as precision medicine, companion diagnostics and digital health. With a focus on strategic partnerships and investment in automation and data analytics, the company aims to accelerate drug development timelines and enhance patient care through more rapid, accurate and accessible laboratory testing services.
