July 22, 2005
(Date of earliest event reported)
LABORATORY CORPORATION
OF
AMERICA HOLDINGS
DELAWARE | 1-11353 | 13-3757370 | ||
(State or other jurisdiction of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
358 SOUTH MAIN STREET, BURLINGTON, NORTH CAROLINA |
27215 | 336-229-1127 | ||
(Address of principal executive offices) | (Zip Code) |
(Registrant's telephone number including area code) |
ITEM 7.01. Regulation FD Disclosure
On July 22, 2005 Laboratory Corporation of America® Holdings (LabCorp®) announced that it will begin validation testing of Roche Diagnostics AmpliChip CYP450 test. The AmpliChip CYP450 test has been cleared by the U.S. Food and Drug Administration for diagnostic use. AmpliChip CYP450 test results will allow physicians to consider genetic information from patients in selecting medications and doses of medications for a wide variety of common conditions such as cardiac diseases, chronic pain, cancer, and common psychiatric disorders.
Exhibits
99.1 Press Release dated July 22, 2005
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Laboratory Corporation of America Holdings (Registrant) |
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Date: July 25, 2005 | By: | /s/Bradford T. Smith | ||
Bradford T. Smith, Executive Vice President and Secretary |
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LABCORP®
TO BEGIN VALIDATION AND EVALUATION OF ROCHE
DIAGNOSTICS AMPLICHIP CYP450 TEST
Burlington, NC, July 22, 2005 Laboratory Corporation of America® Holdings (LabCorp®) (NYSE: LH) announced today that it will begin validation testing of Roche Diagnostics AmpliChip CYP450 test. The AmpliChip CYP450 test has been cleared by the U.S. Food and Drug Administration for diagnostic use. AmpliChip CYP450 test results will allow physicians to consider genetic information from patients in selecting medications and doses of medications for a wide variety of common conditions such as cardiac diseases, chronic pain, cancer, and common psychiatric disorders.
Additionally, LabCorp has agreed to begin assisting Roche Diagnostics in the evaluation of their research Leukemia microarray, which utilizes technology in the AmpliChip test. The Leukemia microarray in development is designed to provide leukemia subclass identifications.
We are extremely pleased to begin these significant first steps, in partnership with Roche Diagnostics, to provide these important, leading edge tests to physicians and their patients, said Myla Lai-Goldman, M.D., Executive Vice President, Chief Scientific Officer and Medical Director of LabCorp. Results provided by AmpliChip CYP450 tests will provide clinicians with valuable, previously unavailable, information that could help to prevent harmful drug interactions and to assure that drugs are used optimally. The Leukemia microarray is a new, innovative testing technology that is being evaluated for leukemia subclass identification. We are delighted that Roche Diagnostics recognizes LabCorps commitment to scientific leadership and that they have chosen LabCorp as a partner in validating and evaluating these important new testing technologies.
About LabCorp
Laboratory Corporation of
America® Holdings, an S&P 500 company with a BBB investment-grade credit rating,
is a pioneer in commercializing new diagnostic technologies and the first in its industry
to embrace genomic testing. With annual revenues of $3.1 billion in 2004, approximately
25,000 employees nationwide, and more than 220,000 clients, LabCorp offers clinical assays
ranging from blood analyses to HIV and genomic testing. LabCorp combines its expertise in
innovative clinical testing technology with its Centers of Excellence: The Center for
Molecular Biology and Pathology, in Research Triangle Park, NC; National Genetics
Institute, Inc. in Los Angeles, CA; ViroMed Laboratories, Inc. based in Minneapolis, MN;
The Center for Esoteric Testing in Burlington, NC; DIANON Systems, Inc. based in
Stratford, CT, US LABS based in Irvine, CA, and Esoterix and its Colorado Coagulation,
Endocrine Sciences, and Cytometry Associates laboratories. LabCorp clients include
physicians, government agencies, managed care organizations, hospitals, clinical labs, and
pharmaceutical companies. To learn more about our growing organization, visit our web site
at: www.LabCorp.com. AMPLICHIP is a trademark of Roche.
Each of the above forward-looking statements is subject to change based on various important factors, including without limitation, competitive actions in the marketplace and adverse actions of governmental and other third-party payors. Actual results could differ materially from those suggested by these forward-looking statements. Further information on potential factors that could affect LabCorps financial results is included in the Companys Form 10-K for the year ended December 31, 2004 and subsequent SEC filings.