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Labcorp completes Millennium Health acquisition

PUBLIC · LHNov 09, 2026

Acquiring Company

Labcorp

Acquired Company

Millennium Health

BurlingtonSan DiegoBiotechnologyHealth CareMedicalHealth DiagnosticsBiotechnologyHealth Care

Description

Labcorp has finalized its acquisition of Millennium Health for $375 million, enhancing its toxicology capabilities. The deal includes $245 million upfront and up to $130 million in milestone payments. This acquisition positions Labcorp to be more competitive and expand its geographic reach.

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Company Information

Company

Labcorp

Location

358 S Main St

Burlington, North Carolina, United States

About

Labcorp is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate innovations to improve health and improve lives. With more than 70,000 employees, we serve clients in more than 100 countries. Labcorp (NYSE: LH) reported revenue of $14.0 billion in FY2020. Learn about Labcorp at Labcorp.com, or follow us on LinkedIn and Twitter @Labcorp.

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Frequently asked

Who acquired Millennium Health?

Millennium Health was acquired by Labcorp, based in Burlington. The deal was reported on November 9, 2026. Labcorp is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. Labcorp is publicly traded (LH) and operates in Biotechnology.

When did Labcorp acquire Millennium Health?

Labcorp's acquisition of Millennium Health was reported on November 9, 2026. Labcorp has finalized its acquisition of Millennium Health for $375 million, enhancing its toxicology capabilities. The deal includes $245 million upfront and up to $130 million in milestone payments. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Millennium Health do?

Millennium Health is an accredited specialty laboratory that offers tests for detecting prescription and illegal drugs in urine and oral fluids. The company aims to deliver accurate drug testing results to improve patient management. It is privately held, operating in Biotechnology, and is based in San Diego.

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