Labcorp

About Labcorp

Labcorp is a global leader in lab diagnostics and drug development within the life sciences sector. The company is committed to finding answers that advance science and healthcare, improving lives through innovative solutions and extensive scientific expertise. With a presence close to 95% of the U.S. population and support for over 75% of new drugs approved by the FDA, Labcorp aims to solve the world's greatest health challenges.

Products & Services

Diagnostic Testing:Offers a wide range of diagnostic tests for individuals and providers, including routine lab work, specialty testing, and health screenings.

OnDemand Testing:Provides over 50 self-ordered lab tests, including at-home kits, COVID-19 tests, DNA paternity tests, and health tests for men and women.

Biopharma Services:Supports drug development with nonclinical research, central laboratory services, and consulting for early-phase development and regulatory compliance.

Employee Wellness & Testing:Includes biometric screenings, health coaching, and workplace drug testing for organizations.

Specialty Lab Disciplines:Covers areas like genetics, digital pathology with AI, and toxicology for advanced research and diagnostics.

Environmental Testing:Provides testing solutions for crop protection, chemical, and novel food safety industries.

Specialties

Lab Diagnostics Drug Development Genetic Testing Oncology Neurology Digital Pathology and AI Precision Medicine Cell & Gene Therapies

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 2000000000 MR: - FA: $2,000,000,000 FAN: 2000000000	D: 2024-09-16 FD: 2024-09-16	16 investors

Debt Latest

2024-09-16

$2.0B

16 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

D

Doron Schneider

Internist and Vice President of Population Health

Recent News

Labcorp Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised