Labcorp is reportedly showing immense potential in the
biotech and
healthcare industries. The firm is noted for consistently
beating expectations in terms of
revenues and
quarterly dividends. Several
investments and stock purchases have been made by companies like Sanctuary Advisors LLC, Eagle Rock Investment Company LLC and SG Americas Securities LLC. They've acquired assets from BioReference Health's Diagnostics Business and signed an agreement to
acquire Muir Labs. Their growth is further cemented with effective
strategic partnerships as seen in their collaborations with Hawthorne Effect and Tufts Medicine amongst others.
Labcorp has also ventured into new testing methodologies, with the latest being a test for
Alzheimer's Disease. The company has also seen success in the
asset buyouts, clinical diagnostic and
shareholder dividends. However, there are some concerns over the company's
CEO compensation package and the recent layoffs that followed an acquisition.
Laboratory Corporation of America Holdings LH News Analytics from Mon, 24 Oct 2016 07:00:00 GMT to Sat, 12 Oct 2024 07:29:45 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 6
