About Labcorp
Through groundbreaking technology and scientific expertise, Labcorp is revolutionizing diagnostics and drug development. For over five decades, the company has been at the forefront of scientific innovation, consistently pushing the boundaries of what's possible in healthcare. Labcorp's commitment to advancing science is evident in its early adoption and commercialization of new diagnostic technologies, including genomic testing using polymerase chain reaction (PCR) technology. The company operates one of the largest clinical laboratory networks globally, with extensive operations in over 100 countries. This vast network includes thousands of patient service centers and in-office phlebotomists, ensuring broad access to its comprehensive range of testing services. Labcorp processes hundreds of millions of tests annually, providing critical information that aids in diagnosis, treatment decisions, and healthcare management.
Labcorp's innovation extends significantly into the realm of drug development. Its Biopharma Laboratory Services segment offers a full suite of services to support pharmaceutical, biotechnology, and medical device companies throughout the entire development lifecycle, from early discovery to post-market surveillance. Notably, in 2023, this division played a role in supporting 84% of the new drugs and therapeutic products approved by the Food and Drug Administration (FDA). The company was also a major developer and processor of COVID-19 testing during the pandemic, including developing the first at-home collection COVID-19 test. Labcorp continues to invest in cutting-edge technologies and strategic acquisitions to enhance its capabilities, such as expanding its precision oncology portfolio and at-home testing options. This relentless pursuit of innovation allows Labcorp to provide insights that accelerate healthcare advancements and improve lives worldwide.
FAQs
- When was Labcorp founded?
- Labcorp was founded in 1978.
- Who is the CEO of Labcorp?
- Adam H. Schechter is the CEO.
- What industries or markets does Labcorp operate in?
- Labcorp operates in the following markets: Healthcare, Diagnostics, Clinical Laboratory Services, Biotechnology, Pharmaceutical Services, Drug Development, Genomics, Precision Medicine, Medical Devices, and At Home Testing.
- How many employees does Labcorp have?
- Labcorp has 5000+ employees.
- Where does Labcorp have employees?
- Labcorp has employees in United States.
- Is Labcorp hiring?
- Yes, Labcorp has 39 open remote jobs.
- Does Labcorp support remote work or working from home?
- Yes, Labcorp is a remote-friendly company.
- What employee benefits does Labcorp offer?
- Labcorp provides 31 benefits to their employees.
- Does Labcorp offer a four-day work week?
- No, Labcorp does not offer a four-day work week.
- Is Labcorp transparent about salaries?
- Yes, Labcorp practices salary transparency, often including salary or compensation ranges in their job posts. They provide salary data for 29 roles.
- What is Labcorp's tech stack?
- Labcorp has 5 technologies in their tech stack.
- What is Labcorp's website?
- Labcorp's website is www.labcorp.com.