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Lab Industry Earnings Take a Beating in the Fourth Quarter
Drying COVID-19 testing demand drove revenues down, but not as much as expected.
Drying COVID-19 testing demand drove revenues down, but not as much as expected.
An overview of what will happen to the COVID-19 tests issued via EUA once the public health emergency ends on May 11.
Q4 2022 financial results released by three key lab companies over the past week mainly included losses, but there were positives as well.
Agency says it will continue to have authority to clear new lab tests and other COVID-19 products on an emergency basis even after the PHE ends.
As we move further into 2023, COVID-19, add-on, and genetic tests will likely remain targets for federal regulators.