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Stock impact report

LabCorp to prioritize at-home COVID-19 test distribution for healthcare workers [Reuters]

Laboratory Corporation of America Holdings (LH) 
Last laboratory corporation of america holdings earnings: 4/29 06:53 am Check Earnings Report
Company Research Source: Reuters
LabCorp to prioritize at-home COVID-19 test distribution for healthcare workers (Reuters) - LabCorp said on Tuesday its at-home coronavirus testing kit had won U.S. authorization and it would prioritize distribution for healthcare workers who may have been exposed to the virus or are symptomatic. Shares of LabCorp were up 4.4% at $152 in premarket trading, after the company said it expects to make the test kits available to customers in the United States in the coming weeks. LabCorp’s test, authorized through the U.S. Food and Drug Administration’s emergency use pathway on Monday, allows people to collect nasal swab specimens at home and mail the samples to labs, reducing the risk of transmitting the virus to physicians. The United States has been working to increase its testing capacity as it contends with an onslaught of infections, with over 746,000 cases and more than 39,000 deaths. Diagnostics companies have been launching their own kits to expand testing, and tests of at least 1 Show less Read more
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