LabCorp to acquire cancer testing labs:
This article was originally published in Clinica
Laboratory Corporation of America (LabCorp) has signed a definitive agreement to acquire US Pathology Labs, which offers anatomic pathology and oncology testing services, for a cash sum of $155m. The transaction is expected to close in the first quarter of 2005. The move will further widen LabCorp's range of over 4,400 clinical assays, which includes blood analyses and HIV and genomic testing.