LabCorp asks court to dismiss Delaware lawsuit

Laboratory Corporation of America Holdings has asked a court to dismiss a lawsuit filed two months ago that claims a Medicaid services company worked to make the life sciences giant the only laboratory provider for Medicaid patients in Delaware.

LabCorp (NYSE: LH) said in a June 5 court filing that the lawsuit filed by Prescient Medicine Holdings in April should be dismissed for several reasons, including lack of antitrust standing and failure to allege a relevant antitrust market.

The initial…

Source: bizjournals.com Health Care:Biotechnology headlines - June 8, 2018 Category: Biotechnology Authors: Jessica Seaman Source Type: news