LabCorp completed the acquisition of Chiltern for $1.2bn.

LabCorp, a global life sciences company, completed the acquisition of Chiltern, a provider of clinical services and solutions in a variety of therapeutic areas, for $1.2bn. “This acquisition strengthens our position as a leading life sciences company that delivers innovative diagnostics and drug development solutions to improve health and improve lives. Our acquisition of Covance has demonstrated the value of combining diagnostic and CRO capabilities, expertise, data and leadership. The addition of Chiltern furthers our strategy and will provide us with enhanced capabilities across a broader client base as we continue to innovate and grow,” David P. King, LabCorp Chairman and CEO.