Vaccine Rollouts Cloud Covid-19 Testing Industry Outlook.

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    • Abstract:
      (Bloomberg) -- It was a revealing moment for one of the biggest U.S. processors of Covid-19 tests last week when Laboratory Corp of America Holdings Chief Executive Officer Adam Schechter said business in that service may decline by as much as half this year. Companies like Labcorp saw their stocks surge as Covid-19 testing became a key line of defense against the pathogen that's killed almost half a million Americans. Labcorp expects non-Covid testing to rebound as higher-margin virus testing recedes. [Extracted from the article]
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