Main Article

This month, Carilion Labs (Roanoke, VA), part of the Carilion Clinic (formerly Carilion Health System), will close on their acquisition of Presbyterian Reference Laboratory (Charlotte, VA). Carilion Labs expects to nearly double the size of their laboratory operations when they complete the purchase of the Presbyterian lab. Carilion Labs currently performs tests on approximately 3.3 million samples. The acquisition of Presbyterian is expected to increase their sample volume by two million. Carilion employs 420 full-time equivalents and expects to bring on another 180 with the acquisition.

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December 2006 - Table of Contents

LIR December 2006 (full PDF issue)

A Booming ’06 for Lab M&A, but With Smaller Buys

Tm Bioscience on the Block

Carilion Labs Nears Close on Presbyterian, More Acquisitions Coming

Panacea Pharmaceuticals Spins Off Reference Lab

Lab Industry M&A Brings Focused Consolidation in ‘06

After $500k in Overflow Testing, Tennessee Building New Crime Lab

New Zealand Lab Workers to Strike for Higher Wages

Consumers Open to, but Skeptical of Retail Health Clinics

New Cancer Lab to Open in the Bahamas

Lab Stocks Rise 7%; Medtox Up 21%

Growth in Hospital Testing