November 5, 2008
Mubadala and LabCorp to Establish National Reference Laboratory in Abu Dhabi
Mubadala Healthcare, the specialist division of Mubadala Development Company, and Laboratory Corporation of America Holdings, more commonly known as LabCorp, have announced their agreement to establish the national reference laboratory in Abu Dhabi, United Arab Emirates.
Scheduled for completion by the end of 2009, the national reference laboratory (NRL) will be the first of its kind in the region to provide a centralized solution for laboratory testing. A complete range of services will be offered including routine and esoteric laboratory tests that are currently being sent to Europe and elsewhere.The laboratory will be fully automated and include a IT backbone. In addition, the NRL will be designed and operated to ensure record turn-around time on critical tests, which in many cases is less than two hours, as well as achieve international accreditation from the College of American Pathologists.
With the creation of the NRL, Mubadala Healthcare aims to implement international best practices in laboratory testing processes, set a new benchmark in terms of superior quality standards, and increase the spectrum, coverage and overall efficiency of clinical testing in the region.
Mark Erhart, executive director of Mubadala Healthcare, said: "I am delighted to announce our partnership with LabCorp to create the region's first dedicated reference laboratory. Providing international quality laboratory testing services in the region will reduce the delay of diagnosis and treatment and better support the UAE's rapidly growing healthcare services market and increasing population."