LabCorp has strategically expanded its diagnostic services through key acquisitions, including ClearPath Diagnostics and Pathology Associates Medical Laboratories. These acquisitions have strengthened its presence and capabilities in the United States.
Notable LabCorp Acquisitions
LabCorp, a leading global life sciences company, has made significant acquisitions to enhance its laboratory diagnostic services and geographic reach. Below are details of some of their notable acquisitions as referenced:
Company Acquired | Acquisition Date | Description |
---|---|---|
ClearPath Diagnostics | October 2016 | A provider of laboratory diagnostic services operating in the Northeastern United States, acquired by LabCorp from Shore Capital Partners. |
Pathology Associates Medical Laboratories | May 2017 | A medical laboratory service provider that LabCorp acquired from Providence Health & Services and Catholic Health Initiatives. |
These strategic moves demonstrate LabCorp's ongoing commitment to growing its diagnostic network and offering comprehensive laboratory solutions. For more information on LabCorp's history and operations, you can visit their Wikipedia page.