Market Changes Lead LabCorp To Follow New Strategic Direction

CEO SUMMARY: When formed in 1995, Laboratory Corporation of America faced a financially-hostile marketplace for lab testing services. However, strategic planning retreats in 1997 and 1999 were pivotal in redirecting this billion-dollar lab behemoth toward financial stability. During 2000, its share price soared as LabCorp posted strong gains in revenue and profit. Here’s a look …

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Market Changes Lead LabCorp To Follow New Strategic Direction

LabCorp is building expertise in genomic and esoteric testing to differentiate itself in the market

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