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LabCorp Now Larger than Quest, Two Labs Report 2015 Earnings

CEOs at both lab companies also discussed PAMA lab test price reporting, FDA LDT regs

IN RECENT WEEKS, the nation’s two largest lab companies reported fourth quarter and full-year earnings for 2015. The earnings reports reveal how the paths of the two companies are diverging. The companies are diverging because of a major acquisition made in February 2015, by Laboratory Corporation of America. LabCorp bought Covance Inc. in a deal valued …

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