Question · Q3 2025
Michael Riskin from Bank of America (question asked by Aaron) inquired about the double-digit growth in esoteric testing compared to routine tests, how Labcorp prioritizes R&D investments in this area, and the commercialization strategy and reimbursement updates for Genoscopy's ColoSense.
Answer
Chairman and CEO Adam Schechter confirmed strong esoteric growth, emphasizing its importance for comprehensive patient care despite lower volume. He stated Labcorp focuses R&D on high-growth areas like oncology, women's health, neurology, and autoimmune diseases, aiming for 2-3x market growth. Labcorp is agnostic to internal development versus licensing/acquiring tests to bring the best solutions to market quickly.