Inside the Lab Industry: Second Quarter Is Decent Showing for National Labs, Big Gain for Smaller Players

As the laboratory sector moves into the second half of 2014, is the flat growth that has defined the two large national players in recent years being left behind? New Jersey-based Quest Diagnostics, … [Read more...]

Industry Buzz: LabCorp Acquires LipoScience for $85.1 Million

LabCorp has taken a plunge into the cardiac testing realm, acquiring LipoScience Inc. in a deal valued at $85.1 million. Under the all-cash transaction, LabCorp agreed to pay $5.25 per share for the … [Read more...]

Inside the Lab Industry: Quest, LabCorp Post Improved Volumes, Revenue for Third Quarter

Could the third quarter be the charm for the big national labs? Both Quest Diagnostics and LabCorp reported solid earnings for the quarter ending Sept. 30, indicating they were back on track toward … [Read more...]

LabCorp Acquires Covance in $5.6 Billion Transaction

LabCorp has thrown its hat into the pharmaceutical testing arena in a huge way: It is acquiring biopharma contract testing giant Covance in the biggest transaction ever in the laboratory … [Read more...]

IBM’s Watson Division Invests in Pathway Genomics

The Watson supercomputer first made a splash three years ago when it dominated a special Jeopardy! tournament against two legendary former champions. Now, its backers are getting into the laboratory … [Read more...]

Inside the Lab Industry: Esoteric Labs Report Higher Test Volumes, Revenues

The earnings reports of the major esoteric laboratories have trended toward higher test volumes and revenues—with one significant exception for now. That would be Myriad Genetics. The Salt Lake … [Read more...]

A 2015 Preview for the Laboratory Sector

The year 2014 was a challenging one for laboratories. They continued to confront cuts in reimbursement even as the Affordable Care Act brought millions of more Americans into the insurance fold for … [Read more...]

Smaller Esoteric Labs Struggle With Losses, Product Growth

Earnings reports for some of the smaller esoteric labs trickled in during the latter part of November and December, and they presented a mixed bag. The largest of the labs, Redwood City, Calif.-based … [Read more...]

Through Deals and an Executive Revamp, Aurora Diagnostics Strains Toward the Black

Debt-laden Aurora Diagnostics has all but revamped its executive ranks and engaged in several deals in the past few months that has refocused the Florida-based laboratory on pathology and … [Read more...]