Special Report: FDA's lax rules on coronavirus blood tests open U.S. market to dubious vendors [Reuters]
Premier, Inc. - Class A (PINC)
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Source: Reuters
Special Report: FDA's lax rules on coronavirus blood tests open U.S. market to dubious vendors (Reuters) - As the coronavirus pandemic engulfed the United States, Joe Shia, a consultant to Chinese medical companies, said he was bombarded with inquiries from American firms who saw a golden opportunity in selling tests to determine coronavirus immunity. Unlike his typical clients, some firms seeking his help had never before sold medical equipment. Others wanted to register test kits with the U.S. Food and Drug Administration without approval from the manufacturer, or to offer home-based tests, which are not allowed by the FDA. One was in the window business, he said. “They replace windows and do window cleaning,” said Shia, adding that he did not do business with the company. “That is just awful – think about it. Someone who doesn’t know anything about medical devices.” As demand escalates for blood antibody tests to determine who might be fit to release from lockdown, an array of dist
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PINC
Earnings
- 11/4/25 - Beat
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Sec Filings
- 11/26/25 - Form 4
- 11/26/25 - Form 4
- 11/26/25 - Form 4
- PINC's page on the SEC website