Physicians Toxicology Laboratory had been accused of encouraging client healthcare practices to order drug tests for all patients regardless of medical need.

Rounding out the other four largest financing rounds in 2024 are proteomics company Alamar Biosciences' $128 million Series C funding round, Karius' and Cytovale's $100 million raises, and early ...

The funding will be used to expand the firm's global services, enhance its core platforms, and accelerate the development of pathology foundational models.

The bank upgraded Labcorp's stock on expectations of solid lab volume growth, accretive revenues from Labcorp's Invitae business, and margin expansion in 2025.

FDA officials said that the draft guidance is meant to address recommendations from two reports on the agency's response to COVID-19.