Labcorp Named to Fortune® Magazine’s 2022 ‘World’s Most Admired Companies’ List for the Fourth Time
BURLINGTON, N.C.--(BUSINESS WIRE)--Labcorp (NYSE: LH), a leading global life sciences company, has been named to FORTUNE® magazine's 2022 list of the World’s Most Admired Companies, marking its fourth appearance on the list. The annual survey, conducted by FORTUNE and Korn Ferry, a global organizational consulting firm, asks top executives, directors and financial analysts to identify the companies with the strongest reputations across various industries.
“Labcorp’s global network of more than 70,000 employees capitalizes on the strength of our comprehensive capabilities to accelerate progress in areas like oncology, women’s health and Alzheimer’s, and to continue supporting the world’s COVID-19 pandemic response efforts,” said Adam Schechter, chairman and CEO of Labcorp. “This recognition underscores the work we do each day to improve health care decisions and outcomes through science, technology and a continued commitment to innovation.”
In 2021, Labcorp played a critical role in the fight against COVID-19 by providing testing options, variant sequencing and assistance in the development of important vaccines and therapies. Additionally, Labcorp’s leading portfolio of offerings supported key advancements in diagnostics and therapies for many different diseases, and the company expanded access to clinical trial opportunities.
FORTUNE's World's Most Admired Companies list is the definitive report card on corporate reputations. Korn Ferry has collaborated with FORTUNE annually since 1997 to identify, select and rank the world’s most admired companies and uncover the business practices that make these companies highly regarded among their peers. To compile the rankings, corporate reputation and performance are measured against nine key attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products and services and global competitiveness.
The World’s Most Admired Companies list can be found on the FORTUNE website.
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. Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate innovations to improve health and improve lives. With more than 70,000 employees, we serve clients in more than 100 countries. Labcorp (NYSE: LH) reported revenue of $14 billion in FY2020. Learn about Labcorp at www.Labcorp.com, or follow us on LinkedIn and Twitter @Labcorp.
Media: Michele Mazur – 336-436-8263
Investors: Chas Cook – 336-436-5076