Labcorp Holdings Inc., a global leader in laboratory services, has announced an agreement to acquire select assets from Incyte Diagnostics' clinical and anatomic pathology testing businesses. This transaction, expected to close later this year, includes multiple same-day testing labs and key technical assets in various locations, including Spokane, Tukwila, and Richland in Washington, as well as Missoula, Montana. The acquisition aims to enhance diagnostic services by combining Labcorp's technical expertise with Incyte's pathology proficiency. Both companies will continue operating independently until the deal's completion, ensuring no immediate changes to current operations or services. This strategic move is set to expand Labcorp's oncology testing services and its presence in the Pacific Northwest.
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