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Labcorp sets new medium-term growth targets and reaffirms its annual outlook

Labcorp ($LH) set medium-term targets for annual revenue growth of 5–8% and adjusted earnings-per-share growth of 8.5–11.5% through 2029. The company also reaffirmed its existing 2026 guidance. The new framework describes the performance management is seeking over several years, rather than an immediate upgrade to the current-year earnings forecast. The strategy emphasizes specialty testing in areas including oncology, neurology, autoimmune conditions and women’s health, alongside deeper relatio

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Labcorp acquires MLM Medical Labs to expand clinical-trial services

Labcorp ($LH) acquired MLM Medical Labs, adding central and specialty laboratory operations in the United States, Germany and South Africa. The company said the purchase expands its biomarker-testing capabilities and improves its ability to support complex multinational clinical trials through a coordinated laboratory network. Financial terms were not disclosed. The transaction gives Labcorp wholly owned central-laboratory operations across North America, Europe, Asia and Africa. According to La

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