LLabcorp provides global life sciences and healthcare R&D services, supporting pharma, biotech, and crop protection clients with testing, safety assessments, and regulatory submissions. It conducts studies ranging from basic physicochemical tests to complex inhalation toxicology and uses specialized facilities to evaluate inhaled substances and ensure regulatory compliance. Its global presence and integrated suite of services enable clients to move projects from early development to product approval within one organization. Labcorp aims to help clients bring safe, effective products to market efficiently, advancing human health and scientific research.
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OPKO Health reported third-quarter 2026 revenue from continuing operations of $65.4 million, up 16% from $56.4 million a year earlier. Product revenue rose 11% to $41.8 million, led by OPKO IVR America and Rayaldee. The company is selling select BioReference assets to LabCorp for about $722 million in cash, plus up to $150 million in 4Kscore royalties over 10 years. BioReference is now reported as discontinued operations. OPKO also raised $125 million in secured notes from Healthcare Royalty Partners, backed by its Mazdutide royalty interest. It ended the quarter with $403.2 million in cash and repurchased about 7.2 million shares for $10.6 million. The consolidated operating loss narrowed to $31.4 million from $33.6 million. For full-year 2026, OPKO guides continuing operations revenue of about $268 million to $278 million.
Lunit presents ai-powered pathology research in ovarian and bladder cancers at SITC 2026. 2026-11-04 22:00 609 Studies with Labcorp and CellCarta identify proliferation-related tissue differences in HRD ovarian cancer and explore spatial immune features associated with immunotherapy response in bladder cancer SEOUL, South Korea, Nov. 4, 2026 /PRNewswire/ - Lunit (KRX: 328130), a leading provider of AI for cancer diagnostics and precision oncology, today announced that it will present two collaborative studies with Labcorp and CellCarta using its AI-powered pathology platform, Lunit SCOPE, at the Society for Immunotherapy of Cancer (SITC) 41st Annual Meeting, taking place November 4-8 in Phoenix, Arizona. Lunit at SITC 2026 The presentations mark Lunit's sixth consecutive year of presenting research at SITC since 2021. The ovarian cancer study examines histologic characteristics associated with homologous recombination deficiency (HRD), while the bladder cancer study explores spatial immune patterns associated with immunotherapy response. The first study, conducted with Labcorp, examined histologic and immune characteristics associated with HRD in ovarian carcinomas using AI-powered pathology analysis. HRD is an important biomarker used to guide treatment with PARP inhibitors, but whether HRD-associated biological differences can be identified through routine histopathology remains an open research question. Researchers analyzed 339 ovarian carcinoma whole-slide images, including 88 HRD and 251 HRP cases, using Lunit SCOPE IO to quantify 22 immune and morphological features, including immune phenotypes, cell densities, and characteristics of tumor and stromal compartments. Molecular profiling using Labcorp's OmniSeq INSIGHT assay showed that HRD tumors had higher tumor mutational burden (TMB) than HRP tumors. In the pathology analysis using Lunit SCOPE IO, HRD tumors showed approximately 1.5-fold higher mitotic cell density (p=0.002), along with significantly higher tumor cell density in cancer areas (p=0.031) and combined cancer and stromal compartments (p=0.016). Across the cohort, immune phenotypes classified by Lunit SCOPE IO were also associated with genomic features, with inflamed tumors showing higher TMB than immune-desert and immune-excluded tumors (median 4.7 vs. 3.9 mutations per megabase; p=0.038). The second study, conducted with CellCarta, examined associations between spatial immune organization and response to neoadjuvant atezolizumab, an anti-PD-L1 immunotherapy, in patients with muscle-invasive bladder cancer (MIBC). Using tissue samples from the Phase II ABACUS study, researchers combined multiplex immunohistochemistry and spatial analysis to characterize immune cell populations and their interactions. As part of the study, tertiary lymphoid structures (TLS) in H&E-stained tissue were assessed by CellCarta pathologists and with Lunit SCOPE IO, while CellCarta's spatial analysis technologies were used to examine tumor and immune cell populations and their spatial relationships. Responders showed higher immune cell infiltration, greater immune cell diversity, and closer proximity between tumor cells and T cells. Significant colocalization of antigen-presenting cells and CD4-positive T cells was also observed, along with a trend toward more TLS being located closer to tumor cell nests. In contrast, nonresponders generally exhibited lower immune infiltration, with T cells located farther from tumor cells and predominantly displaying an exhausted phenotype. These results suggest that spatial immune organization, beyond immune cell abundance alone, may offer insights into immunotherapy response and warrant further investigation as a potential source of predictive biomarkers. Together, the studies illustrate how AI-powered pathology can contribute to different aspects of tumor microenvironment research, from identifying proliferation-related tissue features associated with HRD in ovarian cancer to supporting the assessment of immune structures alongside complementary spatial analysis in bladder cancer. "AI-powered pathology is expanding how researchers can analyze tumor tissue and investigate cancer biology," said Brandon Suh, CEO of Lunit. "Through collaborations with global research partners such as Labcorp and CellCarta, we aim to deepen our understanding of the tumor microenvironment and advance the role of AI in precision oncology research." Research Presentations at SITC 2026: * Lunit SCOPE products are for research use only. Not for use in diagnostic procedures or decisions. About Lunit Founded in 2013, Lunit (KRX: 328130) is a global leader on a mission to conquer cancer through AI. Its clinically validated solutions span medical imaging, breast health, and biomarker analysis, empowering earlier detection, smarter treatment decisions, and more precise outcomes across the cancer care continuum. Lunit offers a comprehensive suite spanning risk prediction and early detection to precision oncology. Its FDA-cleared Lunit INSIGHT Breast Suite and breast health solutions support cancer screening in thousands of medical institutions worldwide, while the Lunit SCOPE platform is used in research partnership with global pharma and laboratory leaders for biomarker research, and companion diagnostic development. Trusted by over 10,000 sites in more than 65 countries, Lunit combines deep medical expertise with continuously evolving datasets to deliver measurable impact for patients, clinicians, and researchers alike. Headquartered in Seoul with global offices, Lunit is driving the worldwide fight against cancer. Learn more at lunit.io.
Labcorp beat Wall Street expectations in the third quarter, helped by strong specialty testing and growth in biopharma laboratory services. Revenue rose 6.9% from a year earlier to $3.81 billion, against analyst estimates of $3.76 billion. Adjusted earnings per share were $4.78, versus estimates of $4.64. The company raised its full-year revenue guidance to $14.83 billion at the midpoint, from $14.77 billion. It also lifted its adjusted earnings per share guidance to $18.50 at the midpoint. Analysts asked how Labcorp will keep expanding margins despite pressure from PAMA, a reimbursement law, and recent acquisitions. Chief executive officer Adam Schechter said diagnostics, biopharma, cost savings, and business development would offset the impact, though he called the implementation year a challenge. Shares trade at $360.57, up from $331.17 before the results.
LH Stock Hits record levels, CHE stock surges to over 52-week highs - Here's What's driving investor enthusiasm. Published: Oct 29 2026, 12:10 AM IST * FB * TW * Linkdin * Whatsapp * GNFollow Us Labcorp raised its FY2026 revenue and earnings forecasts following a Q3 beat, while Chemed attracted an analyst upgrade after its VITAS business drove Q3 earnings growth. * Labcorp's Q3 revenue rose 6.9% to $3.81 billion, while adjusted earnings jumped 14.5% to $4.78 per share. * Leerink raised LH's price target to $410 from $365, while maintaining an 'Outperform' rating, according to The Fly. * Jefferies upgraded Chemed after it posted a 10.6% increase in Q3 revenue to $690.9 million. Shares of Labcorp (LH) surged to record levels, while Chemed (CHE) shares jumped to over 52-week highs on Wednesday, fueled by stronger-than-expected third-quarter earnings and bullish Wall Street action. LH shares were up around 10.4% at the time of writing, while CHE stock gained 9%, reaching its highest level since June 2025. Labcorp raises FY2026 earnings guidance. Labcorp, which provides medical laboratory testing and diagnostic services, reported a 6.9% increase in third-quarter (Q3) revenue to $3.81 billion, beating Wall Street estimates of $3.76 billion, according to Fiscal.ai. Adjusted earnings per share increased 14.5% to $4.78 from $4.18, exceeding consensus estimates of $4.64. Labcorp expects full-year 2026 revenue growth of 5.9% to 6.7%, raising the midpoint of its previous forecast by 50 basis points. It also increased its adjusted earnings outlook to $18.30 to $18.70 per share, up $0.18 at the midpoint. The company ended the quarter with $261.8 million in cash and $5.85 billion in total debt. Following the results, Leerink raised its price target to $410 from $365 and maintained an 'Outperform' rating, according to The Fly. This is an 11.6% upside potential from current levels. Barclays also lifted the stock's price target to $380 from $330 while retaining an 'Equal Weight' rating. Retail sentiment surrounding LH on Stocktwits turned 'bullish' from 'neutral' over the past 24 hours, amid 'high' message volumes. The stock has gained about 46% so far in 2026. Jefferies upgrades Chemed after Q3 earnings beat. On Wednesday, Jefferies upgraded Chemed to 'Buy' from 'Hold' and raised its price target to $620 from $520, expecting improving profit margins and steadier earnings growth to support a higher valuation. Chemed, which operates hospice care provider VITAS and plumbing and drain-cleaning business Roto-Rooter, posted a 10.6% increase in Q3 revenue to $690.9 million on Tuesday. This beat Wall Street estimates of $685.8 million. Adjusted earnings per share jumped 28.1% to $6.75, exceeding expectations of $6.44. VITAS revenue increased by 12.2%, while Roto-Rooter sales climbed by 7.5%. BofA also raised the stock's price target to $555 from $550 but maintained a 'Neutral' rating. The firm said VITAS drove the earnings beat, while "Roto side of the business continues to miss." Retail sentiment surrounding CHE on Stocktwits remained 'bearish' over the past 24 hours, amid 'high' message volumes. The stock has gained about 30% so far this year. Also read: GMAB Stock Hits All-Time High After Genmab's Cancer Drug Trial Meets Primary Goals - Here's What Investors Need To Know For updates and corrections, email newsroom[at]stocktwits[dot]com.< Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business. 0 Comments / 0 New
Labcorp raised its full-year outlook after third-quarter revenue rose 7% to $3.8 billion. Adjusted earnings per share (EPS) climbed 14.5% to $4.78, and adjusted operating margin reached 15%. The company now expects 2026 revenue growth of 5.9% to 6.7% and adjusted EPS of $18.30 to $18.70. Free cash flow guidance stayed at $1.24 billion to $1.36 billion. Diagnostics revenue grew 6.5% to $2.9 billion. Biopharma laboratory services revenue rose 8.5% to $867 million. Labcorp expects about $125 million in reimbursement pressure in 2027 from preliminary Protecting Access to Medicare Act changes. It plans to offset part of this through organic growth, productivity savings, and acquisitions, including BioReference, Myriad Genetics' prenatal testing business, and Millennium Health.
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Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Burlington, VT
Founded
1976
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs