Dynacare

Last updated
Gamma-Dynacare Medical Laboratories
Company typePartnership
Dynacare
Industry Health Care
Headquarters,
Services Clinical Laboratory
Number of employees
2500
Website dynacare.ca
Dynacare in Markham, Ontario DynacareUnionville.jpg
Dynacare in Markham, Ontario

Gamma-Dynacare Medical Laboratories is a Canadian medical laboratory services company based in Brampton, Ontario, Canada. [1] Dynacare operates laboratories in Brampton, Bowmanville, London, Ottawa, Thunder Bay, Pointe-Claire, Laval, and Winnipeg. In addition to the main laboratories Dynacare operates patient services centers throughout Ontario, Quebec, Manitoba, Saskatchewan, Alberta and British Columbia. [2]

Dynacare is an operational partnership founded in 1997 as Gamma-Dynacare between: Dynacare Laboratories; Gamma North Peel Partnership Inc.; and Bio-Science Laboratory (Ontario) Limited. [2] [3] In 2002 Dynacare Laboratories (one of the Dynacare partners) was acquired by LabCorp for $480-million (U.S.) while also assuming Dynacare debt worth $205-million. [4] In 2015, it rebranded itself back to Dynacare. [5]

In 2011 Dynacare acquired the medical laboratory division of Warnex Inc. (TSX:WNX) for $7.5 Million. [6]

In 2023 Dynacare acquired the medical laboratories in British Columbia known as Valley Medical Laboratories. This increased the Dynacare presence in British Columbia by adding about 12 locations in Kelowna and throughout the Okanagan Valley.

References

  1. "Company Overview of Gamma Dynacare Medical Laboratories, Inc". Bloomberg Businessweek . May 8, 2013. Archived from the original on June 28, 2013.
  2. 1 2 Gamma-Dynacare Backgrounder
  3. Gamma-Dynacare History
  4. "Dynacare accepts offer from LabCorp". The Globe and Mail . May 10, 2002.
  5. Corporate press release on name change
  6. "Warnex sells lab division". Winnipeg Free Press . Dec 10, 2011.