<span id="midArticle_start"/> Shares of LaboratoryCorporation of America Holdings could rise by more than20 percent over the next year on an aging population and agrowing number of insured patients, Barron's said in its editionpublished on Sunday.
<span id="midArticle_0"/>The nation's second-largest medical-testing firm is poisedto benefit from an increase in the number of patients covered bymedical plans due to Obamacare as well as from growth in thepopulation of 60-to-79-year-olds that will exceed growth inother age groups through 2025, Barron's said.
<span id="midArticle_1"/> <span class="first-article-divide"/>Earlier this year, the Burlington, North Carolina-basedcompany completed the acquisition of contract researchspecialist Covance for $6.2 billion. The two companies togethercan work on companion diagnostics and improve cost cutting,Barron's added.
<span id="midArticle_2"/> <span class="second-article-divide"/> <span class="third-article-divide"/>LabCorp shares are up more than 7 percent this year afterclosing at $119.35 on the New York Stock Exchange on Friday. (Reporting by Catherine Ngai; Editing by Leslie Adler)
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<span id="midArticle_0"/>The nation's second-largest medical-testing firm is poisedto benefit from an increase in the number of patients covered bymedical plans due to Obamacare as well as from growth in thepopulation of 60-to-79-year-olds that will exceed growth inother age groups through 2025, Barron's said.
<span id="midArticle_1"/> <span class="first-article-divide"/>Earlier this year, the Burlington, North Carolina-basedcompany completed the acquisition of contract researchspecialist Covance for $6.2 billion. The two companies togethercan work on companion diagnostics and improve cost cutting,Barron's added.
<span id="midArticle_2"/> <span class="second-article-divide"/> <span class="third-article-divide"/>LabCorp shares are up more than 7 percent this year afterclosing at $119.35 on the New York Stock Exchange on Friday. (Reporting by Catherine Ngai; Editing by Leslie Adler)
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