Hogan Lovells advises Labcorp in strategic laboratory agreement with Ascension
Washington, D.C., 14 February 2022 — A team from global law firm Hogan Lovells has advised Labcorp, a leading global life sciences company, in an agreement to create a comprehensive strategic relationship with Ascension, one of the nation’s leading Catholic and non-profit health systems.
Through the collaboration, Labcorp will manage Ascension’s hospital-based laboratories in 10 states and purchase select assets of the health system’s outreach laboratory business. This long-term relationship will expand Labcorp’s clinical laboratory services in several states across the country while creating opportunities to enhance care across all clinical areas. Further details of the agreement can be found here.
The Hogan Lovells team was led by partner Mahvesh Qureshi (Corporate & Finance Deputy Regional Lead – Americas, Washington, D.C.), with a core team including counsel Derrik Forshee (M&A, Baltimore), and associates Christian Pierce (M&A, Washington, D.C.) and Monica Pyles (Corporate & Finance, Washington, D.C.). Also assisting on the agreement were partners Lee Berner, Carin Carithers, Mike DeLarco, Allen Hicks, Jasper Howard, William Intner, Scott Loughlin, Leigh Oliver, Audrey Haroz Reed, Scott Reisch, Michael Silver, Cullen Taylor and Ronald Wisor, senior counsel Helen Trilling, counsel Robert Baldwin and Brooke Bumpers, senior associates Nathan Salminen, Tony Brown, Margaret Pennisi, Brian Wong, Mitra Anoushiravani, Caitlin Piper, Khaled Mowad, and Marta Orpiszewska, and associates Toni Cannady, Meschelle Noble, Daniel Mader, and Nirupa Persaud.