Laboratory Corp of America Holdings

LH: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$559.44	Tcjtyvj	Bjmyxkcp

LabCorp Refocuses on Diagnostics With Spinoff of Drug Development Business

Debbie Wang

Jun 30, 2023

Business Strategy and Outlook

As a leading independent diagnostic laboratory, LabCorp participates in a highly attractive duopoly that offers favorable prospects as healthcare moves toward reformed payment models, the easing of Medicare headwinds and potentially positive M&A opportunities.

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