SOURCE: Wall Street Equity Research

Wall Street Equity Research

December 16, 2010 08:01 ET

Analyst Study on Alere Inc. and Laboratory Corp. of America Holdings - Medical Laboratories and Research Sector Could Get Boost From Government

JOHANNESBURG, SOUTH AFRICA--(Marketwire - December 16, 2010) - brings investors market knowledge on the aspects moving the medical laboratories & research stocks, and offers complete analytical research on companies like Alere Inc. (NYSE: ALR) and Laboratory Corp. of America Holdings (NYSE: LH). Register with today to gain full access to our complimentary research on these medical laboratories & research stocks.

With the recession sparking high levels of unemployment across the nation, patients have been forced to look for every way possible to save money. This has resulted in a large decrease in patient visits. Alternatively, people have been choosing to try and stick out injuries or afflictions they might normally see the doctor for. This has hurt the Medical Laboratories and Research Sector because the decrease in patient visits has resulted in a drop in testing volume. is a specialized website where investors can have specific access to complimentary reports on medical laboratories & research industry; traders looking for analysis on Alere Inc., Laboratory Corp. of America Holdings and other players in the industry are welcomed to sign up for free at

Companies have responded by looking to mergers and acquisitions to expand their positioning, especially in the growing world of genetic testing. Visit us at to understand the catalysts and forces driving or affecting companies in the medical laboratories & research industry.

The sector could get a boost from the government as Obama has been looking to increase the research and development tax credit and make it permanent. The approximate 20% increase would allow the typically cash strapped industry to upgrade its equipment and extend programs and studies they might otherwise have to discontinue.

Looking at results delivered by some of the players within the industry for the third quarter 2010, medical devices maker Alere Inc. posted a loss of $2.8 million hurt by a decline in sales of flu shot and global respiratory. Revenue was up 5% to $538.7 million. Investors can register today at to download the full report on Alere Inc.

On the other hand, Laboratory Corp. of America Holdings saw net income of $140.0 million on revenue of $1,276.5 million. Investors can access free research on Laboratory Corp. of America Holdings now by signing up at

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