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Independent California Lab Decides to Exit Business

More independent labs in California may also decide it’s time to sell to a larger lab company

CEO SUMMARY: Market forces in California continue to put independent laboratories under sustained financial stress. One laboratory owner decided it was an auspicious time to sell his lab. That sale, of POISONLAB to Laboratory Corporation of America, was announced earlier this month. There are persistent, but unconfirmed, rumors that another independent lab is negotiating to …

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