The laboratory on the Southern General campus is reported to be one of the most modern facilities in the UK.
The facilities include a genetics laboratory and a blood sciences department.
The building was created to centralise all laboratory services in one place, thereby enabling samples to be processed quicker.
Health Secretary Alex Neil opened the building.
"This new facility will bring together a whole range of laboratory services under one roof and provide NHS Greater Glasgow and Clyde with a modern purpose-built facility which will play a key role in supporting the New South Glasgow Hospitals Campus site," he said.
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Andrew Robertson, Chairman, NHS Greater Glasgow and Clyde, said: "The opening of this new state-of-the-art laboratory represents the first phase of an integrated children’s and adult hospital with maternity services on site providing the gold standard for health care.
"The new laboratory building is the first stage of a building programme that will transform the Southern General campus into a world class facility.
"It has been delivered on time and within budget and has created a multi-disciplinary approach to laboratory medicine which will benefit patients now and in the future."
Rachel Green, Associate Medical Director for Diagnostics, added: "More than 800 people have relocated to this new laboratory and 10s of 1000s of results are being generated every single day to support faster turnaround times improving our diagnostic capacity for the patients we treat.
"With state of the art equipment and fit for purpose laboratory space I am immensely proud to be part of the first tangible demonstration of the way that laboratory medicine is being modernised across Greater Glasgow and Clyde."
The new facility will house the 700 plus staff and is equipped with state-of-the-art technology to deliver diagnostic services for biochemistry, haematology, microbiology, genetics and pathology.
It is part of the £842m project which will see an integrated children's and adult hospital built on the site of the current Southern General
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