Welcome to our dedicated page for Labcorp Holdings news (Ticker: LH), a resource for investors and traders seeking the latest updates and insights on Labcorp Holdings stock.
Labcorp Holdings Inc. (NYSE: LH) is frequently in the news as a global provider of innovative and comprehensive laboratory services. Company announcements highlight activities across diagnostics, oncology, neurology, consumer testing and biopharma laboratory services, giving investors and healthcare professionals insight into how Labcorp is evolving its business and scientific capabilities.
Recent press releases have covered topics such as quarterly financial results, updated full-year guidance and cash dividends on Labcorp’s common stock. These items show how the company communicates its financial performance, capital allocation decisions and participation in investor conferences and healthcare industry events.
Labcorp’s news flow also emphasizes developments in specialty testing. The company has reported on the expansion of its Plasma Detect molecular residual disease portfolio for monitoring recurrence risk in certain breast, lung and colon cancers, and on clinical studies featuring its MRD technology in journals such as Nature Medicine and Clinical Cancer Research. In neurology, Labcorp has announced plans to offer the Elecsys pTau181 blood test, cleared by the U.S. Food and Drug Administration to aid in the initial assessment for Alzheimer’s disease and other causes of cognitive decline.
Other news items describe collaborations and transactions, including agreements to acquire select outreach laboratory assets from health systems, the sale of select early development medical device testing assets to NAMSA, and partnerships that expand access to at-home testing through Labcorp OnDemand. Governance updates, such as board appointments and executive retirements, are also disclosed through company news.
This page aggregates these types of updates, allowing readers to follow Labcorp’s announcements on clinical testing innovations, oncology and neurology offerings, consumer-focused services, strategic partnerships, financial results and corporate governance.
LabCorp (NYSE: LH) has received Emergency Use Authorization from the FDA for a new high-throughput method that extracts RNA for COVID-19 testing, enhancing testing speed and efficiency. This innovative method reduces reliance on reagents and improves turnaround time for results, currently averaging 24 hours. Additionally, LabCorp earned EUA for matrixed pooling of samples collected via at-home kits, increasing testing capacity. The company has conducted over 15 million tests and can process 200,000 tests per day, marking a significant step in managing the pandemic.
LabCorp (NYSE: LH) has entered a multi-year partnership with Infirmary Health, Alabama's largest non-governmental health care system, to provide laboratory services across the eastern Gulf Coast. This collaboration aims to enhance lab management, phlebotomy, and logistics, focusing on improving testing turnaround times and expanding COVID-19 testing capabilities. LabCorp will leverage its resources to support Infirmary Health's recent lab transformation efforts, bringing new instruments online and increasing lab staffing to elevate patient care quality in the region.
LabCorp (NYSE: LH) will announce its third quarter 2020 financial results on October 27, 2020, before market opening. A conference call will follow at 9:00 a.m. EDT for discussion of results. Interested parties can join via phone or real-time webcast. The financial report and details will be available on the LabCorp Investor Relations website. The company, recognized as a leading global life sciences entity, reported revenues exceeding $11.5 billion in 2019.