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...Mr Davis’s comments come as testing companies including Quest and its main rival LabCorp are already struggling to keep up with demand at a time when 5.5m tests are being conducted each week because of the...
...It is a similar story at LabCorp. The upshot is as more cities and states ease lockdown restrictions, testing labs should see a bounce back in routine testing....
...Roughly 5.5m Americans are being tested each week but LabCorp and Quest are only able to process 265,000 tests a day....
...Mr Conrad, the chief executive who joined from LabCorp and previously co-founded the National Genetics Institute in the US, has lured $1.8bn from investors including private equity firm Silver Lake and...
...There are just two large nationwide US testing groups, Quest Diagnostics and LabCorp....
...LabCorp’s current effective tax rate is 38 per cent versus Covance at 24 per cent....
...What we do know about LabCorp/Covance is that for a pricey deal there will be little in the way of immediate cost savings....
...Patent owners across the country got themselves in a state over the LabCorp v Metabolite case, for example, fearing that the justices would use it to rein in thousands of dubious patents on methods of doing...
...s case, LabCorp v Metabolite Laboratories, involves a patented method of correlating blood homocysteine levels with vitamin deficiencies, relating to heart attacks....
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