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New leadership changes coming. Covance CEO now running the show for diagnostics and the former Merck Exec taking over Labcorp.Looks like they are done thinking about diagnostics and will only buy out hospital deals if it falls on their lap to increase growth in the next decade or so.Don’t be surprised if Labcorp beers up Covance some more and cashes out.
New leadership changes coming. Covance CEO now running the show for diagnostics and the former Merck Exec taking over Labcorp.
Looks like they are done thinking about diagnostics and will only buy out hospital deals if it falls on their lap to increase growth in the next decade or so.
Don’t be surprised if Labcorp beers up Covance some more and cashes out.