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125 Nagog Park
Acton, MA 01720 USA
phone:
(978) 206-8220
fax:
(800) 628-8073 |
| Symbol |
PMD |
| Exchange |
AMEX |
| Founded |
1985 |
| Employees |
97 |
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 www.psychemedics.com |
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| Research Sector |
Medical Devices & Tech |
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| Summary Description |
| Analyzing hair for drug abuse.
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| Management |
| Raymond C. Kubacki, Jr.: President and Chief Executive Officer; Peter Monson: Chief Financial Officer, Principal Accounting Officer, VP and Treasurer; William Dausey: VP of Sales: William Thistle: Sr. VP and General Counsel
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| Keywords |
| diagnostics, drug abuse, hair test, drug test
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Description |
| Psychemedics Corporation develops and manufactures testing services for the detection of drug abuse through the analysis of hair samples. Their technology enables them to offer a personal drug history over a period of several months. |
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| Products / Services |
Hair analysis for drug abuse including: Cocaine (including crack), marijuana, opiates (including heroin), amphetamines (both methamphetamine and Ecstasy), and phencyclidine (PCP).
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| Technology / Differentiation |
| Psychemedics proprietary method for detecting drugs in hair using radioimmunoassay. RIAH measures the drug molecules permanently entrapped in the hair following ingestion. Comparison studies have proven that Psychemedics testing can be as much as 5-10 times more effective in identifying drug users than urinalysis. A standard test provides a several month history of drug use. |
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| Market / Customers |
Clients range in size from regional employers to Fortune 500 companies with thousands of locations nationwide. The technology is in use by Federal Reserve Banks and dozens of government and medical research programs. Many schools also use their process.
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| Competitors / Substitutes / Alternatives |
Laboratory Corp. of America Holdings and Quest Diagnostics Inc
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Biotech & Specialty Pharma
Healthcare Services
Medical Devices & Tech
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