About Us
We are investing in the future of healthcare. Labcorp Venture Fund is passionate about teaming up with founders and startups to accelerate access to innovative technologies and services that aim to improve health and lives.
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Examples of the value we bring to our clients, patients and partners
Access to Scientific, Technical and Commercial Expertise
- Menu of ~5K clinical laboratory tests with the ability to enable research access to samples
- 40+ Business Advisory Teams comprised of technical, clinical, and commercial expertise in specific therapeutic areas or technologies to aid in developing new offerings
- 1,200+ U.S. and international patents and applications
- ~1,000 boots-on-the-ground diagnostics sales professionals across the U.S.
Broad Touchpoints Across the Healthcare Ecosystem
- Work with hospitals and health systems, managed care groups, pharmaceuticals, payers, physicians, employers, patients, CROs, and independent labs
- Patient base covering ~50% of the U.S. population with lab orders from 400K+ unique practicing physicians and 3M+ samples collected, processed and reported weekly
- Integrated network of primary and specialty labs across the U.S.
- In-network service provider for all major health plans and nationally contracted for ~90% of all U.S. lives
Unique Healthcare Data, Analytics, and Tech Assets
- Proprietary data sets with 35+ billion core and specialty lab test results
- Significant IT connectivity, including 65K+ electronic data interfaces with clients
- Data reporting insights, including population health analytics and EHR embedded clinical decision support
- Bidirectional interfaces with 700+ EMR, PMS & LIS systems nationwide
Focus on Consumer Convenience and Engagement
- Labcorp OnDemand consumer-initiated testing platform with at-home and in-clinic offerings
- Mobile and web-enabled tools allowing consumers to make appointments, access test results, and pay bills
- Integration of Ovia’s digital health platform focusing on family and women’s health, offering clinical programs, predictive intervention and personalized care pathways
- 2,000+ patient service centers, 6,000+ in-office phlebotomists, ~400 Labcorp at Walgreens locations, and numerous at home solutions
Patient-Centric Innovation Across Drug Development
- Clinical trial activity in ~100 countries with 4.5M+ trial supply kits shipped annually
- Patient intelligence portal for voice of customer insights and direct-to-patient surveys regarding clinical research opportunities and trial design preferences
- Decentralized clinical trial solutions to reduce patient and investigator burden, enable new sites, and improve enrollment
- Technology innovations spanning non-clinical and cell and gene therapy development services