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Toxikon

Full company profile

uuid0008i5g

Namestring
Toxikon
Legal namestring
Laboratory Corporation of America Holdings
Websiteurl
toxikon.com
Company typeenum
Public
Founded yearint
1976
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersBedford, United States
HQ citystring
Bedford
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
preclinical contract research, medical device testing, pharmaceutical safety assessment, toxicology research services, product development studies
Industry2 codes
1Nonclinical Study Management & Regulatory Writing (IND-enabling)
CodeHLAGAFANPrimaryYes
2Quality Engineering & Risk Management (ICH Q9/Q10, validation, change control)
CodeHLAGAKALPrimaryNo
NAICS code1 code
  • Testing Laboratories and Services541380
SIC code1 code
  • Services-Commercial Physical & Biological Research8731
Product category
Preclinical Contract Research Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model4 records
1Clinical Laboratory Testing
TypeTransaction Fee
Description

Diagnostic testing services for patients through physician orders, hospital systems, and direct consumer access. Services include routine labwork, specialty testing, genetic testing, and disease-specific diagnostics across multiple therapeutic areas including oncology, neurology, rheumatology, and women's health.

labcorp.com
2Biopharma Services
TypeSubscription Recurring
Description

Comprehensive drug development services including nonclinical development, central laboratory services, early phase development, regulatory consulting, and commercialization support for pharmaceutical companies worldwide.

labcorp.com
3Labcorp OnDemand
TypeSubscription Recurring
Description

Direct-to-consumer at-home testing kits and patient service center testing available without physician order. Includes over 50 self-ordered lab tests for wellness monitoring, with subscription options for certain offerings.

labcorp.com
4Employer & Organization Services
TypeManaged Services
Description

Workplace drug testing, employee wellness programs, biometric screenings, health coaching, and population health management services for employers and organizations.

labcorp.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Technology or R&D, Infrastructure
Pricing details2 tiers
1Labcorp OnDemand - Individual Tests
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Over 50 self-ordered lab tests available for direct consumer purchase, ranging from routine screenings to specialized panels. Prices vary by test complexity.

labcorp.com
2Labcorp OnDemand - Subscriptions
ModelSubscriptionBilling cadenceMonthly
Notes

Certain Labcorp OnDemand offerings available on subscription basis with cancellation requirements by 4:00 PM Eastern Time on business day preceding scheduled collection date.

labcorp.com
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 7 records shown
1Labcorp OnDemand
Description

Self-ordered lab testing service allowing patients to access 50+ tests, including at-home kits and tests at patient service centers

labcorp.com
+6 more records
Core offering1 text field

Toxikon is a preclinical contract research organization delivering product development services from concept to final product. The firm conducts safety, toxicology, and efficacy studies to support pharmaceutical, biotechnology, and medical device developers in advancing their products through preclinical stages of development.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Over 85% of new drugs and therapeutic products approved by the U.S. FDA were supported by Labcorp
+1 more record
Product and service1 record
1Preclinical Product Development Services
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeTechnology or Integration
Description

AWS provides cloud infrastructure for Labcorp's AI-powered real-world data platform for Alzheimer's disease, developed in partnership to deliver longitudinal laboratory data at scale with advanced analytics.

Strategic tierCoreTypeTechnology or Integration
Description

Datavant partners with Labcorp to enable the AI-powered real-world data platform, providing data connectivity capabilities for longitudinal patient data analysis.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Hundreds of Walgreens pharmacy locations offer Labcorp sample collection services, providing convenient retail access points for patients.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Labcorp acquired Invitae, a genetic testing company, welcoming the Invitae team as scientific leaders in the development and adoption of genetic testing.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Partnership for women's health resources including pregnancy, fertility, parenting, and menopause apps integrated with Labcorp testing services.

Recent move2 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

PPD, now part of Thermo Fisher Scientific, is a top-five global CRO with preclinical, clinical, and laboratory services. Comparable to Toxikon as a scaled full-service CRO competitor for biopharma development programs.

TypeDirect peer
Description

WuXi AppTec operates a large preclinical and toxicology service line within its broader CRO platform. Highly comparable to Toxikon on preclinical study design, DMPK, and IND-enabling work, with significant global biotech client overlap.

TypeBroad incumbent
Description

IQVIA is the largest global CRO with broad preclinical, clinical, and real-world data capabilities. Relevant as a large incumbent that bids for the same end-to-end biopharma development contracts that can include Toxikon's preclinical scope.

TypeRegional player
Description

Pace Analytical is a U.S.-focused contract laboratory providing life sciences, environmental, and product safety testing. Comparable to Toxikon on regulated product safety testing, with primary U.S. geographic overlap.

TypeDirect peer
Description

Charles River is the largest dedicated preclinical CRO globally, offering toxicology, DMPK, and safety assessment services directly comparable to Toxikon's core IND-enabling offerings. The closest direct competitor for outsourced preclinical study awards.

TypeDirect peer
Description

Eurofins is a global contract laboratory group with significant preclinical, toxicology, and product-safety testing capabilities serving pharma, chemical, and consumer-products clients. Directly comparable to Toxikon's preclinical product safety testing scope.

TypeDirect peer
Description

Intertek provides contract laboratory and product testing services across pharma, chemical, and consumer-products industries. Overlaps with Toxikon on regulated safety/toxicology testing for product development programs.

TypeBroad incumbent
Description

Labcorp Drug Development is the broader CRO arm of Toxikon's parent, offering early-phase clinical development, central lab, and bioanalytical services. As Toxikon's own parent business, it bundles Toxikon's preclinical capabilities into integrated offerings spanning preclinical through clinical.

TypeDirect peer
Description

SGS is a global testing, inspection, and certification company with a life sciences CRO arm offering preclinical safety and product testing. Directly comparable to Toxikon on regulated product safety and contract laboratory services.

TypeBroad incumbent
Description

ICON is a top-tier global CRO offering preclinical through Phase IV services, including laboratory and bioanalytical capabilities. Comparable to Toxikon at the preclinical end of ICON's full-service portfolio, often competing for the same biopharma clients.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries22 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Toxikon

Preclinical Contract Research Servicestoxikon.com

Toxikon firmographics

Firmographics
Name
Toxikon
Legal name
Laboratory Corporation of America Holdings
Website
https://toxikon.com
Company type
Public
Founded year
1976
Operating status
Operating
Headcount range
101–250 employees
Ownership category
akta.pro rank

Toxikon industry classification

Industry
Product category
Preclinical Contract Research Services
NAICS
Testing Laboratories and Services (541380)
SIC
Services-Commercial Physical & Biological Research (8731)
akta.pro primary industry
Nonclinical Study Management & Regulatory Writing (IND-enabling) (HLAGAFAN)
akta.pro secondary industry
Quality Engineering & Risk Management (ICH Q9/Q10, validation, change control) (HLAGAKAL)

Keywords

  • Preclinical contract research
  • Medical device testing
  • Pharmaceutical safety assessment
  • Toxicology research services
  • Product development studies

Where Toxikon is headquartered

Location

Headquarters

HQ city
Bedford
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Toxikon business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Infrastructure

Revenue model

  1. Clinical Laboratory Testing: Diagnostic testing services for patients through physician orders, hospital systems, and direct consumer access. Services include routine labwork, specialty testing, genetic testing, and disease-specific diagnostics across multiple therapeutic areas including oncology, neurology, rheumatology, and women's health.
  2. Biopharma Services: Comprehensive drug development services including nonclinical development, central laboratory services, early phase development, regulatory consulting, and commercialization support for pharmaceutical companies worldwide.
  3. Labcorp OnDemand: Direct-to-consumer at-home testing kits and patient service center testing available without physician order. Includes over 50 self-ordered lab tests for wellness monitoring, with subscription options for certain offerings.
  4. Employer & Organization Services: Workplace drug testing, employee wellness programs, biometric screenings, health coaching, and population health management services for employers and organizations.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goLabcorp OnDemand - Individual Tests
SubscriptionMonthlyLabcorp OnDemand - Subscriptions

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Toxikon product offering

Product offering

Core offering

Toxikon is a preclinical contract research organization delivering product development services from concept to final product. The firm conducts safety, toxicology, and efficacy studies to support pharmaceutical, biotechnology, and medical device developers in advancing their products through preclinical stages of development.

Differentiator

Problem solved

Functional benefit

Brands

  • Labcorp OnDemand: Self-ordered lab testing service allowing patients to access 50+ tests, including at-home kits and tests at patient service centers
  • MyLabcorp
  • Labcorp Diagnostic Assistant
  • Labcorp Link
  • Labcorp Venture Fund
  • Ovia Health
  • Labcorp OnDemand

Products and services

  • Preclinical Product Development Services

Quantifiable outcome

  • Over 85% of new drugs and therapeutic products approved by the U.S. FDA were supported by Labcorp
  • +1 more outcomes

Companies that use Toxikon

Customer profile

Named customers2 records

Segments5 records

Ideal customer profiles2 records

Toxikon technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Toxikon partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

  • Amazon Web Services (AWS)coreTechnology or IntegrationAWS provides cloud infrastructure for Labcorp's AI-powered real-world data platform for Alzheimer's disease, developed in partnership to deliver longitudinal laboratory data at scale with advanced analytics.
  • DatavantcoreTechnology or IntegrationDatavant partners with Labcorp to enable the AI-powered real-world data platform, providing data connectivity capabilities for longitudinal patient data analysis.
  • WalgreenscoreChannel Partner/ Reseller/ DistributorHundreds of Walgreens pharmacy locations offer Labcorp sample collection services, providing convenient retail access points for patients.
  • InvitaecoreStrategic or Co-development PartnerLabcorp acquired Invitae, a genetic testing company, welcoming the Invitae team as scientific leaders in the development and adoption of genetic testing.
  • Ovia HealthminorStrategic or Co-development PartnerPartnership for women's health resources including pregnancy, fertility, parenting, and menopause apps integrated with Labcorp testing services.

Scale indicators5 records

Recent moves2 records

Expansion highlights3 records

Toxikon competitors and assessment

Company assessment

Broad incumbents

  • PPD (Thermo Fisher Scientific): PPD, now part of Thermo Fisher Scientific, is a top-five global CRO with preclinical, clinical, and laboratory services. Comparable to Toxikon as a scaled full-service CRO competitor for biopharma development programs.
  • IQVIA: IQVIA is the largest global CRO with broad preclinical, clinical, and real-world data capabilities. Relevant as a large incumbent that bids for the same end-to-end biopharma development contracts that can include Toxikon's preclinical scope.
  • Labcorp Drug Development: Labcorp Drug Development is the broader CRO arm of Toxikon's parent, offering early-phase clinical development, central lab, and bioanalytical services. As Toxikon's own parent business, it bundles Toxikon's preclinical capabilities into integrated offerings spanning preclinical through clinical.
  • ICON plc: ICON is a top-tier global CRO offering preclinical through Phase IV services, including laboratory and bioanalytical capabilities. Comparable to Toxikon at the preclinical end of ICON's full-service portfolio, often competing for the same biopharma clients.

Direct peers

  • WuXi AppTec: WuXi AppTec operates a large preclinical and toxicology service line within its broader CRO platform. Highly comparable to Toxikon on preclinical study design, DMPK, and IND-enabling work, with significant global biotech client overlap.
  • Charles River Laboratories: Charles River is the largest dedicated preclinical CRO globally, offering toxicology, DMPK, and safety assessment services directly comparable to Toxikon's core IND-enabling offerings. The closest direct competitor for outsourced preclinical study awards.
  • Eurofins Scientific: Eurofins is a global contract laboratory group with significant preclinical, toxicology, and product-safety testing capabilities serving pharma, chemical, and consumer-products clients. Directly comparable to Toxikon's preclinical product safety testing scope.
  • Intertek: Intertek provides contract laboratory and product testing services across pharma, chemical, and consumer-products industries. Overlaps with Toxikon on regulated safety/toxicology testing for product development programs.
  • SGS SA: SGS is a global testing, inspection, and certification company with a life sciences CRO arm offering preclinical safety and product testing. Directly comparable to Toxikon on regulated product safety and contract laboratory services.

Regional players

  • Pace Analytical Services: Pace Analytical is a U.S.-focused contract laboratory providing life sciences, environmental, and product safety testing. Comparable to Toxikon on regulated product safety testing, with primary U.S. geographic overlap.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Toxikon social profiles

Digital presence

Toxikon financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Toxikon leadership team

Management profile

Number of profiles

Profiles2 records

Toxikon subsidiaries and ownership

Company hierarchy

Subsidiaries22 records

Toxikon funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Toxikon M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Toxikon

What does Toxikon do?

Toxikon is a preclinical contract research organization delivering product development services from concept to final product. The firm conducts safety, toxicology, and efficacy studies to support pharmaceutical, biotechnology, and medical device developers in advancing their products through preclinical stages of development.

Is Toxikon a public or private company?

Toxikon is a public company. It is classified as corporate owned and is currently operating.

When was Toxikon founded?

Toxikon was founded in 1976. It employs 101 to 250 people.

Where is Toxikon based?

Toxikon is headquartered in Bedford, United States, in the North America region.

How does Toxikon make money?

Four revenue lines are on record. Clinical Laboratory Testing is the primary driver. The others are biopharma Services, labcorp OnDemand and employer & Organization Services.

Who are Toxikon's main competitors?

Broad incumbents on record are PPD (Thermo Fisher Scientific), IQVIA, Labcorp Drug Development and ICON plc. Direct peers are WuXi AppTec, Charles River Laboratories, Eurofins Scientific, Intertek and SGS SA. Pace Analytical Services is listed as a regional player.

Does Toxikon have an API?

No public API is recorded for Toxikon.

What industry is Toxikon in?

Toxikon's product category is Preclinical Contract Research Services. Its primary akta.pro industry code is HLAGAFAN, Nonclinical Study Management & Regulatory Writing (IND-enabling), with a secondary code of HLAGAKAL, Quality Engineering & Risk Management (ICH Q9/Q10, validation, change control). Its NAICS code is 541380 and its SIC code is 8731.

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Live signals
PR NewswireGenetic Toxicology Testing Market to Grow by 12.7% Annually, Reaching $3.57 Billion by 2030A new market research report projects the global genetic toxicology testing market to reach $3.57 billion by 2030, expanding at a compound annual growth rate of 12.7% from 2022 to 2030, driven by increasing adoption of personalized medicines and advances in cell and gene therapy. The report identifies key growth drivers including FDA guidance on cell and gene therapy products, expanding pharmacogenomics guidelines from organizations such as DPWG, CPIC, and CPNDS, and rising demand for novel food safety assessments. Labcorp's November 2021 acquisition of Toxikon is highlighted as a strategic move to strengthen toxicology service offerings, while limitations in genetic testing capabilities regarding disease severity and comprehensive genetic variant identification are noted as potential market restraints.PR NewswireGlobal Bioanalytical Services Market (2021 to 2031) - Industry Analysis, Size, Share, Growth, Trends, and ForecastsResearchAndMarkets.com published a global bioanalytical services market forecast report covering the period 2021-2031, projecting market size and compound annual growth rate (CAGR) based on historical data from 2017-2019, 2020 as the base year, and forecast period 2021-2031. The report analyzes market dynamics including drivers, restraints, and opportunities, and covers market segmentation by service type, molecule type, end-user, and geographic region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa). Key players profiled in the market include PPD, ICON plc, Laboratory Corporation of America, Charles River Laboratories, Syneos Health, SGS SA, Toxikon, Intertek Group, Pace Analytical Services, Medpace, PRA Health Sciences, WuXi AppTec, IQVIA, and Eurofins Scientific.BioSpaceLabcorp Completes Acquisition of Toxikon CorporationLabcorp has completed the acquisition of Toxikon Corporation, a contract research organization specializing in nonclinical testing services. This transaction expands Labcorp's nonclinical development portfolio and establishes a strategic presence in the Boston area to serve pharmaceutical and biotechnology clients.NasdaqLabCorp (LH) to Expand Nonclinical Development With New BuyoutLaboratory Corporation of America Holdings (LabCorp) entered into a definitive agreement to acquire Toxikon, a contract research organization specializing in nonclinical testing services. The transaction is expected to close in the fourth quarter of 2021 and aims to expand LabCorp's toxicology business capabilities and strategic footprint in Boston. This acquisition bolsters LabCorp's full-service drug development and medical device solutions portfolio.GlobeNewswireVendor Showcases Kevetrin(TM), Cellceutix's Anti-Cancer Drug at American Society for Mass Spectrometry MeetingToxikon Corporation presented a poster on Kevetrin's bioanalytical method at the ASMS meeting in Denver. The HPLC-MS/MS method was validated for preclinical toxicology and FDA IND submission. Cellceutix is testing Kevetrin against pancreatic cancer, with testing near completion.GlobeNewswireCellceutix Signs Agreement for Kevetrin(TM) Safety Studies With Toxikon CorporationCellceutix announced an agreement with Toxikon to conduct preclinical safety studies for its cancer drug Kevetrin, the last hurdle before an IND filing. The studies aim to confirm FDA safety requirements for human trials. Kevetrin showed greater tumor shrinkage than standard therapies in animal models of resistant cancers.