US laboratory attempts drugs-of-abuse consolidation:
This article was originally published in Clinica
Laboratory Specialists of America has acquired the drugs-of-abuse testing operations of Woodland Hills, California-based Toxworx Laboratories, for an undisclosed amount. The $2.5 million turnover business represents the sixth acquisition for Laboratory Specialists since 1994. The Oklahoma City-based company aims to consolidate the fragmented US drugs-of-abuse testing industry.