2010
Labcorp finalizes acquisition of Genzyme Genetics
Labcorp completes its $1 billion acquisition of Genzyme Genetics, a business unit of Genzyme Corporation. Genzyme Genetics (which now operates as Integrated Oncology and Integrated Genetics under the Labcorp Specialty Testing Group banner) provides complex reproductive and oncology testing services. With this addition, Labcorp substantially expands its genetics and oncology services capabilities.
2011
Orchid Cellmark, Inc. becomes part of Labcorp
Labcorp acquires Orchid Cellmark, Inc. (Orchid), harmonizing two experienced and highly qualified forensics and family relationship laboratories. This acquisition further expands Labcorp’s international presence, as Orchid maintains DNA testing facilities both in the United States and in the United Kingdom. This acquisition adds to the existing capabilities of Labcorp's forensics identity business.
2012
Labcorp acquires MEDTOX, forms three new subsidiaries
2012 is a big year for the Labcorp brand. First, Labcorp completes the acquisition of MEDTOX Scientific, Inc. (now MedTox), adding this premier organization to Labcorp’s group of specialized testing companies and strengthening its services in specialized toxicology and medical drug monitoring testing services.
Labcorp also announces that the reproductive portion of Genzyme Genetics business will now be called Integrated Genetics. At the same time, the US LABS and Genzyme Genetics oncology brands unite under a new name, Integrated Oncology.
In addition, Labcorp announces the new global brand name, Cellmark Forensics, for its worldwide business serving the law enforcement and legal communities. The new name represents a combination of Labcorp's forensics identity business and Orchid Cellmark.
2014
Labcorp acquires LipoScience and Bode Technology Group, Inc
Labcorp acquires LipoScience, Inc., a provider of specialized cardiovascular diagnostic lab tests based on nuclear magnetic resonance (NMR) technology. LipoScience enhances Labcorp’s existing cardiovascular and metabolic disorder test menu and cardiovascular disease program.
The company also completes the acquisition of Bode Technology Group, Inc. Bode Technology’s capabilities strengthen Labcorp’s range of forensics and DNA identification testing services, furthering the company's strategy to continue to lead in scientific innovation. Labcorp later combines Cellmark Forensics and Bode Technology, creating the Bode Cellmark Forensics, representing the company’s commitment to serve customers in the forensic, law enforcement, and legal communities globally.
2015
Acquisition of Covance headlines a banner year
In February 2015, Labcorp completes its $6 billion purchase of Covance, Inc., creating the world’s leading health care diagnostics company. The combination of Covance’s drug development leadership and Labcorp’s medical testing expertise builds the market leader in central laboratory and bioanalysis services. Labcorp’s clinical trials companies, Labcorp Clinical Trials and Tandem Laboratories, align under the Covance brand.
In addition, the acquisition of Safe Foods International Holdings and its subsidiaries—The National Food Laboratory and the International Food Network—adds to the existing range of industry-leading services to the global food, beverage, and nutrition industries offered by Covance Food Solutions.
2016
Labcorp acquires Sequenom
Labcorp successfully completes the acquisition of Sequenom, a leader in non invasive prenatal testing (NIPT), women’s health and reproductive testing, and other services. This addition allows Labcorp to offer the most complete range of testing options in women’s health, including NIPT and reproductive genetics, and expands Labcorp’s geographic reach, both domestically and internationally.
2017
Labcorp acquires Chiltern, PAML and Mount Sinai’s Clinical Outreach Laboratories
Chiltern becomes part of the company’s Covance Drug Development business. The acquisition creates a market-leading contract research organization by enhancing Covance’s offerings to include a dedicated focus on the high-growth emerging and mid-market biopharma segments, as well as comprehensive capabilities in medical device development and functional service provider solutions.
Labcorp acquires Pathology Associates Medical Laboratories (PAML), one of the nation’s premier medical reference laboratories and a healthcare solutions company, as well as assets of the Mount Sinai Health System’s Clinical Outreach Laboratories, which allows Labcorp to provide comprehensive laboratory services to physicians and patients in metropolitan New York City.
2019
Labcorp acquires MNG Laboratories and celebrates 50th anniversary
On March 1, 2019, Labcorp acquires MNG Laboratories, an internationally recognized clinical diagnostic leader that specializes in next generation sequencing (NGS) and complex biochemical testing for neurology. The addition of MNG to the Labcorp network of laboratories enhances and expands Labcorp’s capabilities in neurology and neurogenetics.
In October 2019, Labcorp celebrated its 50th anniversary and the company's transformation from a local laboratory operating in a former hospital to a leading global life sciences company that is deeply integrated in guiding patient care.