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In March 2020, Labcorp received emergency use authorization from the FDA for a test for SARS-CoV-2. [63] In April 2020, the company developed the first COVID-19 test in which people were able to collect a sample at home. [64] In July 2020, the company was processing 165,000 COVID-19 tests per day. [65]
A drug test (also often toxicology screen or tox screen) is a technical analysis of a biological specimen, for example urine, hair, blood, breath, sweat, or oral fluid/saliva—to determine the presence or absence of specified parent drugs or their metabolites.
After acquiring the Bailey Drug Company in 1979, it began whole selling drugs. [5] The company went public on the NASDAQ stock exchange in 1983. [5] In 1988, Walter sold Cardinal Health's food operations to Roundy's. [5] [6] From 1991 to 1996, the company's sales grew from $1.2 billion to $8.9 billion. [7]
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