Labcorp Teams Up with HealthVerity in Real World Data Collaboration

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The life sciences giant Labcorp has announced a new partnership with HealthVerity, a leader in real-world data (RWD). Labcorp will leverage HealthVerity’s Identity, Privacy, Governance, and Exchange (IPGE) platform to enhance their drug development and clinical trial offerings. This platform is the largest healthcare data ecosystem in the US, providing interoperable HIPAA-compliant RWD.

According to Dr. Paul Kirchgraber, CEO of Labcorp Drug Development, “This collaboration allows Labcorp to expand existing end-to-end solutions for drug and diagnostics development, commercialization and clinical trial efforts to include large-scale access to real-world data for research applications. By applying advanced analytics, Labcorp can help its clients improve their processes and reach better outcomes. Our substantial repository of test results can also help study sponsors more quickly and accurately assess patient eligibility for clinical trials, enroll patients faster and accelerate the availability of new medicines”

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(Source: Labcorp, June 21^st, 2022)