-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NBqtbsucgiRPZD85bjt4RER1A3KL2vZJbTmMqDQNfNwhx+sm6eGBTywB8AA4wg1A krX2LM7t1XUuET8B7LB0dQ== 0000920148-99-000032.txt : 19990608 0000920148-99-000032.hdr.sgml : 19990608 ACCESSION NUMBER: 0000920148-99-000032 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990510 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990607 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LABORATORY CORP OF AMERICA HOLDINGS CENTRAL INDEX KEY: 0000920148 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MEDICAL LABORATORIES [8071] IRS NUMBER: 133757370 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-11353 FILM NUMBER: 99641408 BUSINESS ADDRESS: STREET 1: 358 S MAIN ST CITY: BURLINGTON STATE: NC ZIP: 27215 BUSINESS PHONE: 3362291127 MAIL ADDRESS: STREET 1: 358 S MAIN ST STREET 2: 4225 EXECUTIVE SQUARE, SUITE 800 CITY: BURLINGTON STATE: NC ZIP: 27215 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL HEALTH LABORATORIES HOLDINGS INC DATE OF NAME CHANGE: 19940314 8-K 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 10, 1999 --------------- (Date of earliest event reported) LABORATORY CORPORATION OF AMERICA HOLDINGS ------------------------------------------ (Exact name of registrant as specified in its charter) DELAWARE 1-11353 13-3757370 -------- ------- ---------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification incorporation) Number) 358 SOUTH MAIN STREET, BURLINGTON, NORTH CAROLINA 27215 ------------------------------------------------------- (Address of principal executive offices) 336-229-1127 ------------ (Registrant's telephone number, including area code) ITEM 5. OTHER EVENTS On May 10, 1999, the Company issued a press release along with Roche Diagnostics Corporation, announcing an initiative that provides a new on-site testing program called Rapid Assessment of Drug and Alcohol Results to employers. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) Exhibit 20 Press release of the Company dated May 10, 1999. SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LABORATORY CORPORATION OF AMERICA HOLDINGS ------------------------------------------ (Registrant) By:/s/ BRADFORD T. SMITH ------------------------------ Bradford T. Smith Executive Vice President, General Counsel, Secretary and Compliance Officer Date: June 3, 1999 EX-20 2 Laboratory Corporation of America-Registered Trademark- Holdings 358 South Main Street Burlington, NC 27215 FOR IMMEDIATE RELEASE - --------------------- CONTACT: 336-584-571 SHAREHOLDER DIRECT: 800-LAB-0401 - ------- ------------------ MEDIA - CYNTHIA JAY, EXT. 5052 WWW.LABCORP.COM INVESTORS - PAMELA SHERRY, EXT. 4855 LABCORP-REGISTERED TRADEMARK AND ROCHE DIAGNOSTICS TEAM TO PROVIDE DRUG TESTING RESULTS IN LESS THAN ONE HOUR BURLINGTON, NORTH CAROLINA - MAY 10, 1999 -- Laboratory Corporation of America-Registered Trademark-Holdings (LabCorp- Registered Trademark-) (NYSE: LH), headquartered in Burlington, North Carolina, and Roche Diagnostics Corporation (RDC), with corporate headquarters in Indianapolis, Indiana, announce an initiative that provides a new on-site testing program called Rapid Assessment of Drug and Alcohol Results (RAdar) to employers. In addition to LabCorp's strength in lab-based urine testing, this combination will provide the employer the largest network of on-site testing capability in the United States. LabCorp is the largest provider of drug testing services in the United States and RDC is the leading innovator of on-site drug testing products. The quick and innovative system could change the way corporations approach drug testing. "With unemployment rates at all-time lows, competition to hire highly-qualified staff from the pool of available personnel becomes more intense," said Randy Simmons, senior vice president of LabCorp's occupational testing business. "On-site testing gives the employer another option to obtain drug testing results within hours." The process provides results determined by guidelines that consider recognized quality control factors, technologies, and chain of custody concepts. LabCorp will use Roche Diagnostics' product, TesTcup- Registered Trademark-, for collection. Specially designed for on- site use in the workplace, criminal justice, emergency room, and drug treatment testing markets, TesTcup-Registered Trademark- is a self-contained, integrated collection and testing device that provides results in minutes. "The RAdar program is effective for customers who need fast turnaround time while ensuring quality results," said Mark Williams, vice president, point of care, for RDC. "It gives employers the tools to make more rapid hiring decisions when they need to." Some of the features of the program include: 1) Immediate testing of the specimen, screening for amphetamines, PCP, opiates, cannabinoids, and cocaine. 2) Chain of custody specimen collection at an approved LabCorp patient service center location. 3) Negative screening results entered into LabCorp's computerized reporting system; positive specimens automatically sent to one of LabCorp's SAMHSA-accredited reference laboratories for confirmation. 4) Use of the new Compliance Software Incorporated software system to integrate the TesTcup-Registered Trademark- on-site testing system with the lab and customers' reporting software. The Roche Group is a world leader in research-based health care with its principal business activities in pharmaceuticals, diagnostics, vitamins, fragrances and flavors. Through the company's Diagnostics Division, innovative products and services are made available to physicians, patients, hospitals and laboratories worldwide. Laboratory Corporation of America-Registered Trademark- Holdings (LabCorp-Registered Trademark-) is a national clinical laboratory with annual revenues of $1.6 billion in 1998. With 18,000 employees and over 100,000 clients nationwide, the company offers more than 2,000 clinical tests, ranging from simple blood analyses to more sophisticated technologies. Included in LabCorp's network of 25 major laboratories are three Centers of Excellence. The Center for Molecular Biology and Pathology, in Research Triangle Park (RTP), North Carolina, develops applications for polymerase chain reaction (PCR) technology. Its Center for Occupational Testing in RTP is the world's largest substance abuse testing facility, and the Center for Esoteric Testing in Burlington, North Carolina, performs the largest volume of rare analyses in the network. LabCorp's clients include physicians, state and federal governments, managed care organizations, hospitals, clinics, long-term care facilities, companies, and other clinical laboratories. ### -----END PRIVACY-ENHANCED MESSAGE-----