June 16, 2011 -- LabCorp (Laboratory Corporation of America) will acquire Clearstone Central Laboratories, a privately held central laboratory services company that will extend LabCorp’s reach into China and the greater Asia-Pacific region. Clearstone has a facility in Beijing and another in Singapore in addition to labs in Canada and Europe. Clearstone is headquartered in Toronto. LabCorp, which reported revenues of $5 billion in 2010, offers a broad list of tests that range from routine blood analyses to reproductive genetics to DNA sequencing. More details...
Stock Symbol: (NYSE: LH)