Acquiring Company
Labcorp
Acquired Company
Millennium Health
BurlingtonSan DiegoBiotechnologyHealth CareMedicalHealth DiagnosticsBiotechnologyHealth CareDescription
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.
Quick answer
Labcorp is acquiring Millennium Health, announced November 9, 2026. Labcorp is based in Burlington, North Carolina, United States.
- How much did Labcorp pay for Millennium Health?
- The deal value was not disclosed.
- What does Labcorp do?
- 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.
- Where are Labcorp and Millennium Health based?
- Labcorp is based in Burlington, North Carolina, United States. Millennium Health is based in San Diego, California, United States.
- Who are the decision-makers at Labcorp?
- Fundz holds 1 contact at Labcorp. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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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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