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PMD Stock - Psychemedics Corp.


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Psychemedics Corporation specializes in drug testing services utilizing hair samples, serving clients across the United States, Brazil, and globally. Employing mass spectrometry and adhering to industry-standard practices, the company detects a wide range of substances including cocaine, marijuana, PCP, amphetamines like ecstasy and Adderall, opiates such as heroin and oxycodone, synthetic cannabinoids, benzodiazepines, nicotine, and Fentanyl. Their advanced testing methods provide quantitative insights into drug ingestion levels, along with historical data to reveal patterns of individual drug use over extended periods.

Founded in 1986 and headquartered in Acton, Massachusetts, Psychemedics Corporation caters to a diverse clientele. Their services are pivotal for employers conducting applicant and employee screenings, treatment professionals assessing patient compliance, law enforcement agencies managing substance abuse cases, and school administrators and parents concerned about adolescent drug use. By offering comprehensive drug testing solutions, Psychemedics plays a crucial role in promoting safety and accountability across various sectors, thereby contributing to public health initiatives and regulatory compliance efforts.

The company's pioneering approach in drug detection through hair analysis has established it as a leader in the field. Psychemedics' commitment to accuracy and reliability has earned them trust among their clientele, reinforcing their reputation as a preferred partner for drug testing solutions. With a robust presence in the Americas and an expanding international footprint, Psychemedics continues to innovate and set industry benchmarks in forensic toxicology, ensuring thorough and dependable drug screening services globally.

In addition to its corporate headquarters, Psychemedics maintains a strong presence in key markets, enabling prompt and efficient service delivery. Their strategic locations facilitate seamless coordination with clients worldwide, underscoring their dedication to meeting the evolving needs of diverse industries and regulatory environments.

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Stock Sector: Health Services: Medical Laboratories & Research

 

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