LabCorp

Organization

A major competitor in the medical diagnostics space against Theranos.


First Mentioned

10/18/2026, 3:14:59 AM

Last Updated

10/18/2026, 3:15:39 AM

Research Retrieved

10/18/2026, 3:15:39 AM

Summary

Labcorp Holdings Inc., branded as Labcorp, is a major American healthcare and life sciences company headquartered in Burlington, North Carolina. Operating one of the world's largest clinical laboratory networks across more than 100 countries, Labcorp processes over 160 million tests annually through its Diagnostics Laboratories segment, which includes 2,000 patient service centers and more than 6,000 in-office phlebotomists. In addition to clinical healthcare testing ranging from oncology to molecular diagnostics, its Biopharma Laboratory Services supports pharmaceutical, biotechnology, and medical device companies, contributing to 84% of new drugs approved by the FDA in 2023. In the diagnostic healthcare market, traditional testing giants like LabCorp and Quest serve as industry benchmarks contrasted by emerging deep-tech startups such as Billy Evans' Hemanthes.

Research Data
Extracted Attributes
  • Legal Name

    Labcorp Holdings Inc.

  • Former Name

    Laboratory Corporation of America Holdings

  • Stock Ticker

    LH (NYSE)

  • Inception Date

    1978-01-01

  • Revenue (2024)

    14.0 billion USD

  • Workforce Size

    71,000 employees

  • Annual Test Volume

    160,000,000 tests per year

  • Headquarters Address

    358 S Main St, Burlington, North Carolina, 27215, United States

  • Headquarters Location

    Burlington, North Carolina, United States

  • Medicare Revenue Share

    Approximately 10% of Diagnostics Laboratories segment revenue

  • Patient Service Centers

    2,000 centers in the United States

  • Phlebotomist Staff Count

    Over 6,000 in-office phlebotomists

  • FDA Approved Drug Support Rate (2023)

    84% of newly approved FDA drugs and therapeutic products

Timeline
  • Founded initially as National Health Laboratories, Inc. (Source: Wikidata)

    1978-01-01

  • National Health Laboratories, Inc. was renamed National Health Laboratories Holdings Inc. (Source: Wikipedia)

    1994-01-01

  • Formed Laboratory Corporation of America Holdings following the merger of National Health Laboratories Holdings and Roche Biomedical Laboratories. (Source: Wikipedia)

    1995-01-01

  • Provided development support for 84% of new drugs and therapeutic products approved by the FDA during 2023. (Source: Wikipedia)

    2023-12-31

  • Reported annual revenue reaching 14.0 billion USD. (Source: GlobalData)

    2024-12-31

Labcorp

Labcorp Holdings Inc., operating under the brand name Labcorp, headquartered in Burlington, North Carolina, provides laboratory services used for diagnosis and healthcare decisions. It operates one of the largest clinical laboratory networks in the world and has operations in over 100 countries; although its operations are primarily in the U.S. Its Diagnostics Laboratories segment operates 2,000 patient service centers with more than 6,000 in-office phlebotomists in the United States. In addition to healthcare testing such as oncology testing, human immunodeficiency virus (HIV) genotyping and phenotyping, it provides testing for: employment, DNA testing to determine parentage and to determine immigration eligibility, environmental issues, wellness, toxicology, pain management, and medical drug monitoring. It also provides 50 tests that patients can complete at home. It processes over 160 million tests per year. Approximately 10% of this segment’s revenue are from the U.S. Medicare health insurance program. Its Biopharma Laboratory Services segment provides drug development, medical device and diagnostic development services to pharmaceutical, biotechnology, medical device, and diagnostic companies. In 2023, this division provided support to 84% of the new drugs and therapeutic products approved by the Food and Drug Administration. Labcorp performs its largest volume of specialty testing at its Center for Esoteric Testing in Burlington, North Carolina. Labcorp was an early pioneer of genomic testing using polymerase chain reaction (PCR) technology at its Center for Molecular Biology and Pathology in Research Triangle Park, North Carolina, where it also performs other molecular diagnostics. Labcorp operates the National Genetics Institute, Inc. (NGI), in Los Angeles, California, which develops PCR testing methods.

Web Search Results
  • Labcorp - Wikipedia

    Labcorp Holdings Inc., operating under the brand name Labcorp, headquartered in Burlington, North Carolina, provides laboratory services used for diagnosis and healthcare decisions. It operates one of the largest clinical laboratory networks in the world and has operations in over 100 countries; although its operations are primarily in the U.S. [...] Labcorp was an early pioneer of genomic testing using polymerase chain reaction (PCR) technology at its Center for Molecular Biology and Pathology in Research Triangle Park, North Carolina, where it also performs other molecular diagnostics. Labcorp operates the National Genetics Institute, Inc. (NGI), in Los Angeles, California, which develops PCR testing methods. ## History [edit] ### 1971-2000 [edit] [...] Labcorp (Established as National Health Laboratories, Inc., 1978, then renamed National Health Laboratories Holdings Inc., 1994) + Labcorp - Laboratory Corporation of America Holdings (Est. 1995 through the merger of National Health Laboratories Holdings and Roche Biomedical Laboratories) National Health Laboratories Holdings Inc.(Merged 1995) + Allied Clinical Laboratories, Inc. (1994) Roche Biomedical Laboratories, Inc. (1995) - Universal Standard Healthcare, Laboratory division (1998) - Pathology Medical Laboratories (2000) - Path Lab Holdings Inc. (2001) - ViroMed Inc. (2001) - Dynacare (2003) - Esoterix, Inc. (2005) - Litholink Corporation (2006) - Tandem Labs (2007) - Monogram Biosciences (2009)

  • Laboratory Corp of America Holdings Company Profile - Laboratory Corp of America Holdings Overview - GlobalData

    Labcorp Holdings Inc (Labcorp), formerly Laboratory Corporation of America Holdings, is a life sciences and healthcare company. It offers blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, PAP tests, hemoglobin AI C, health and wellness services, lead optimization, analytical services, chemistry manufacturing services, early phase development solutions, crop protection and chemical testing, clinical laboratory services, and technology solutions, among others. The company offers services to health insurance companies; pharmaceutical, biotechnology, medical device, and diagnostics companies and CROs; physicians, other healthcare providers; hospitals and health systems; governmental agencies; employers; patients and consumers; crop protection and chemical companies; [...] and consumers; crop protection and chemical companies; academic institutions; independent clinical laboratories; and retailers; among others in the Americas, Europe, and Asia-Pacific. It operates manufacturing facilities in the US, Belgium, China, Japan, India, Germany, Singapore, the UK, and Switzerland. Labcorp is headquartered in Burlington, North Carolina, the US. [...] Gain a 360-degree view of Labcorp Holdings Inc and make more informed decisions for your business Gain a 360-degree view of Labcorp Holdings Inc and make more informed decisions for your business Learn more Headquarters United States of America Address 358 S Main St, Burlington, North Carolina, 27215 Website www.labcorp.com Telephone 1 336 2291127 No of Employees 71,000 Industry Medical Equipment Ticker Symbol & Exchange LH (NYSE) Revenue (2024) $14.0B 7.2% (2024 vs 2023) EPS XYZ Net Income (2024) XYZ 17.5% (2024 vs 2023) Market Cap\ $24.7B Net Profit Margin (2024) XYZ 9.6% (2024 vs 2023) \ As of and is in US$ View Labcorp Holdings Inc financials Gain access to our premium signals and make informed decisions for your business

  • Corporate Profile | Labcorp

    Logo # Corporate Profile # Corporate Profile | | | << Back | Labcorp is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate innovations to improve health and save lives. With over 70,000 employees, we serve clients in more than 100 countries. Labcorp (NYSE: LH) reported revenue of $11.5 billion in FY2019. Learn about Covance by Labcorp at www.Covance.com, and Labcorp at www.Labcorp.com, or follow us on LinkedIn and Twitter @Labcorp. More Information Legal Menu © 2026 Labcorp. All Rights Reserved. Privacy Statement

  • Labcorp, 2060 Aborn Rd, Ste 200, San Jose, CA 95121, US

    Labcorp is a global life sciences and healthcare company, and our mission is simple: improve health, improve lives. walk-ins are welcome. Mon 7 am - 12:30 pm1:

  • Labcorp

    Dee R.See all 1031 Mcbride Ave, Ste D204, Woodland Park, NJ, 07424 Labcorp is a global life sciences and healthcare company, and our mission is simple: improve health, improve lives. We leverage science, technology and innovation to accomplish our mission-getting you answers that help you make clear, confident decisions about your health.Our Patient Service Centers offer routine medical testing-as well as recommended screenings based on your age and gender. It's easier than ever to make an appointment. Testing results will be available to you in your Labcorp Patient Portal. Quick and easy information both you and your healthcare provider can use to improve your health outcomes. And walk-ins are welcome. More Hours Open until 2:30 pm Sun Closed Mon 7 am - 2:30 pm Tue

Location Data

Labcorp, Alconbury, Huntingdonshire, Cambridgeshire, Cambridgeshire and Peterborough, England, PE28 4HS, United Kingdom

commercial

Coordinates: 52.3531444, -0.2569081

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