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Fortrea is set to comprise Labcorp's (LH) Clinical Development and Commercialization Services businesses.
After separation from LabCorp (LH), Fortrea is set to operate as a global contract research organization that offers comprehensive drug and medical device development services.
The addition of Labcorp Plasma Focus marks a pivotal step in the expansion of LabCorp's (LH) suite of precision oncology tests.

3 No-Brainer Stocks to Buy in a Correction

06:32am, Friday, 26'th May 2023
NextEra Energy is a utility powerhouse, positioned to keep growing. Laboratory Corp. of America is a leader in diagnostic testing.
LabCorp (LH) reported earnings 30 days ago. What's next for the stock?
LabCorp's (LH) recent partnership will expand healthcare access, offer advanced diagnostic tools and guarantee that both patients and doctors can afford the treatments they get.
Investors are optimistic about LabCorp (LH) on strategic partnerships and upbeat guidance.
LabCorp (LH) is progressing well with its planned spin-off of the Clinical Development business, which is expected to be completed in mid-2023.
Laboratory Corporation of America Holdings (LH) Q1 2023 Earnings Call Transcript.
The decline in COVID-19 PCR and antibody testing sales, the severe foreign exchange headwind and inflationary pressure hurt LabCorp's (LH) business performance in Q1.

LabCorp (LH) Misses Q1 Earnings Estimates

09:09am, Tuesday, 25'th Apr 2023
LabCorp (LH) came out with quarterly earnings of $3.82 per share, missing the Zacks Consensus Estimate of $3.99 per share. This compares to earnings of $6.11 per share a year ago.
While the concept of acquiring low-PE ratio blue-chip stocks (that is, industry-leading stalwarts that feature low price-earnings ratios relative to their sectors) appeals on paper, investors need to

8 Defensive Plays as Healthcare Stocks Stumble

11:13am, Wednesday, 19'th Apr 2023
Healthcare stocks have sputtered this year after performing well in 2022. A Barron's screen has identified stocks that are poised to outperform for the rest of the year.
LabCorp's (LH) at-home collection kit will offer patients an additional and easier option to get screened for colon cancer.
A former Labcorp employee turned whistleblower sued the diagnostic testing company in 2018 on behalf of the federal government under the False Claims Act.
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