Labcorp Completes Acquisition of Toxikon Corporation
12/03/2021 - 12:34 PM
BURLINGTON, N.C. --(BUSINESS WIRE)--
Labcorp Toxikon Corporation , a contract research organization delivering best-in-class nonclinical testing services. The addition of Toxikon to Labcorp Drug Development bolsters Labcorp’s strong nonclinical development portfolio, and creates a strategic footprint for the company to partner with pharmaceutical and biotechnology clients in the Boston, Mass. , area.
The definitive agreement for the transaction was announced on Nov. 18 . Specific terms were not disclosed.
About Labcorp
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 improve lives. With more than 70,000 employees, we serve clients in more than 100 countries. Labcorp (NYSE: LH) reported revenue of $14 billion Labcorp at www.Labcorp.com , or follow us on LinkedIn and Twitter @Labcorp .
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Labcorp Contacts:
Christopher Allman-Bradshaw – 336-436-8263
Media@Labcorp.com
Chas Cook – 336-436-5076
Investor@Labcorp.com
Source: Labcorp
Laboratory Corp. Of America Holdings
NYSE:LH
LH Rankings
#1736 Ranked by Stock Gains
LH Stock Data
Industry
Diagnostic Imaging Centers
Sector
Health Care and Social Assistance
Tags
Health Services, Services to the Health Industry, Manufacturing, Dental Laboratories
Country
US
City
Burlington
About LH
recognized for our innovation, quality, and customer convenience, labcorp delivers timely, accurate results for improved patient care. with scientific expertise in esoteric testing, genomics, and clinical and anatomic pathology, labcorp performs more than one million tests on approximately 400,000 samples each day. labcorp is a pioneer in applying advances in medicine and science to laboratory testing, with more than 35 years of experience in serving physicians and their patients. labcorp operates a sophisticated laboratory network, with corporate headquarters in burlington, nc, and more than 34,000 employees worldwide. our more than 220,000 clients include physician offices, hospitals, managed care organizations, and biotechnology and pharmaceutical companies. laboratory corporation of america holdings is listed on the new york stock exchange (nyse) under ticker symbol lh.
