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LabCorp To Acquire Clearstone Central Labs

Laboratory Corporation of America Holdings (LabCorp) has entered into a definitive agreement to acquire Clearstone Central Laboratories, a global provider of central lab services for late-stage clinical trials.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Laboratory Corporation of America Holdings (LabCorp) has entered into a definitive agreement to acquire Clearstone Central Laboratories, a global provider of central lab services for late-stage clinical trials. The transaction, subject to customary closing conditions, is expected to close 2Q11. Terms of the agreement were not disclosed. The acquisition provides LabCorp with a global network of central labs and Clearstone’s clinical trials management system, APOLLO CLPM, which provides realtim...

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