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Labcorp
AddedFeb 13, 2024
UpdatedJul 16, 2026
Labcorp

Labcorp

Public

Labcorp, a leading US healthcare company, operates one of the world's largest clinical laboratory networks, processing 2.5M tests weekly.

HQ
Burlington, NC, US
Founded
1971
Overview
Compare
Fundraising
Employees
Website

Labcorp, founded in 1978 and headquartered in Burlington, North Carolina, is a leading life sciences company dedicated to advancing healthcare. The company's core mission is to provide crucial information that aids doctors, hospitals, pharmaceutical companies, researchers, and patients in making informed decisions. Labcorp operates through two main segments: Labcorp Diagnostics and Labcorp Drug Development. It offers a wide range of tests, including blood chemistry analyses, urinalyses, thyroid tests, and more, serving a broad market that includes routine clinical testing and specialized diagnostics.

Notable figures affiliated with Labcorp include its key executives and a robust team of scientists and researchers. The company has achieved significant milestones, such as processing 2.5 million tests weekly and playing a critical role in COVID-19 testing across the USA. Labcorp's impact on healthcare is profound, as it continually pushes the boundaries of medical science and diagnostics, contributing to better patient outcomes and advancing global health initiatives.

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Labcorp - Quick Facts

Who are Labcorp's competitors?

Companies similar to Labcorp include Quest Diagnostics, Analyte Health, LabConnect and LabQ Diagnostics.

When was Labcorp founded?

Labcorp was founded in 1971.

Where is Labcorp's headquarters located?

Labcorp's headquarters is located in Burlington, NC, US.

When was Labcorp's last funding round?

Labcorp's most recent funding round was for $850M (USD) in June 2019.

How much has Labcorp raised to-date?

As of Jun 4, 2019, Labcorp has raised a total of $850M (USD).

How many employees does Labcorp have?

Labcorp has 19,000 employees as of Feb 6, 2024.

Labcorp - Classification

Industry
  • Retail
Ownership
  • Public
Technology
  • Analytics
Geographic Exposure
  • United States
Revenue
  • Transactional
Customer
  • Enterprise
Main Product
  • Laboratory Testing
Tags
  • Healthtech
Unique IDs
  • ein: 992588107
  • secCik: 0000920148
  • ticker: LH
NAICS
  • 620000Health Care and Social Assistance
  • 623000Nursing and Residential Care Facilities
SIC
  • 8000Health Services
  • 8040Offices And Clinics Of Other Health Practitioners
  • 8049Offices And Clinics Of Health Practitioners, Not Elsewhere Classified
ISIC
  • 7120Technical testing and analysis
  • 7210Research and experimental development on natural sciences and engineering
  • 8690Other human health activities
Show 19 more industry codes
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541380Testing Laboratories and Services
  • 621000Ambulatory Health Care Services
  • 621500Medical and Diagnostic Laboratories
  • 621510Medical and Diagnostic Laboratories
  • 621511Medical Laboratories
  • 621512Diagnostic Imaging Centers
  • 541000Professional, Scientific, and Technical Services
  • 541300Architectural, Engineering, and Related Services
  • 541700Scientific Research and Development Services
  • 541710Research and Development in the Physical, Engineering, and Life Sciences
  • 541715Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
SIC
  • 8070Medical And Dental Laboratories
  • 8071Medical Laboratories
  • 8734Testing Laboratories
  • 6000Depository Institutions
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8730Research, Development, And Testing Services
  • 8731Commercial Physical and Biological Research