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-7.09421112371659E-05 -0.0010641316685585 -0.00234108967082869 -0.00595913734392738 -0.00815834279228154 -0.00688138479001134 -0.00922247446084003 -0.0134080590238367
Stock impact report

FDA brings lab tests under federal oversight in bid to improve accuracy and safety [Yahoo! Finance]

Quest Diagnostics Incorporated (DGX) 
Last quest diagnostics incorporated earnings: 4/22 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.questdiagnostics.com
Company Research Source: Yahoo! Finance
deliver accurate results, under a government rule vigorously opposed by the testing industry. The regulation finalized Monday by the Food and Drug Administration will gradually phase in oversight of new tests developed by laboratories, a multibillion-dollar industry that regulators say poses growing risks to Americans. The goal is to ensure that new tests for cancer, heart disease, COVID-19, genetic conditions and many other illnesses are safe, accurate and reliable. “The agency cannot stand by while Americans continue to rely on results from these tests without assurance that they work,” FDA Commissioner Robert Califf told reporters on a conference call. Califf said inaccurate tests can lead to unnecessary treatment or delays in getting proper care. But in a significant move, the FDA decided that the tens of thousands of tests currently on the market will not have to undergo federal review. The agency said it will essentially grandfather those tests into approval to address c Show less Read more
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