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May 28, 2014
07:47 EDTMYGN, LHMyriad Genetics participation pacts to be terminated by NJ Horizon Blue Cross
Horizon Blue Cross Blue Shield of New Jersey, an independent licensee of the Blue Cross and Blue Shield Association, announced yesterday that it is terminating its participation agreements with Myriad Genetics (MYGN), effective June 15 for patients enrolled in Horizon BCBSNJ managed care plans and effective July 3 for patients enrolled in Horizon BCBSNJ PPO and Indemnity plans. Following the terminations of Myriad Genetics, LabCorp (LH) will be the only participating clinical laboratory to provide BRCA-specific genetic testing for Horizon BCBSNJ patients, the insurer noted. Reference Link
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August 19, 2014
11:32 EDTLHLabCorp prenatal test a negative for Sequenom, says Maxim
Maxim views LabCorp's (LH) announcement today that it will begin offering the informaSeq prenatal test as a long-term negative for Sequenom (SQNM) due to increased competition. The news is also negative for Illumina (ILMN) and PerkinElmer (PKI), who both offer Non-Invasive Prenatal Tests, Maxim adds. The firm recommends buying shares of LabCorp and keeps a Buy rating on the name with a $130 price target.
08:47 EDTLHLabCorp announces availability of InformaSeq non-invasive prenatal test
Laboratory Corporation of America Holdings announced the availability of the informaSeq Prenatal Test. The informaSeq Prenatal Test is an advanced, non-invasive, next-generation prenatal screening assay that can assess risk for multiple fetal chromosomal aneuploidies, or abnormalities in the number of chromosomes, from a single maternal blood draw. There are testing options for several additional common sex-related aneuploidies. The test is offered through Integrated Genetics, part of the LabCorp Specialty Testing Group of laboratories that offer advanced esoteric and genomic testing.

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