EXCLUSIVE: Diagnostics Provider Avalon GloboCare's Subsidiary Launches New Laboratory Test For Tuberculosis
Portfolio Pulse from Vandana Singh
Avalon GloboCare Corp's subsidiary, Laboratory Services MSO, has launched a new in-house laboratory-developed test for tuberculosis. The test uses a patient's sputum sample and can be performed in under 2 hours, requiring only one visit to the clinic. Avalon owns a 40% interest in Laboratory Services.
August 30, 2023 | 12:46 pm
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Avalon GloboCare Corp has announced a new tuberculosis test developed by its subsidiary, Laboratory Services MSO. This could potentially increase the company's revenue and market share in the diagnostics sector.
The launch of a new product, especially one that improves on existing methods, can potentially increase a company's revenue and market share. Given that Avalon owns a 40% interest in Laboratory Services, this development could have a significant positive impact on its financial performance.
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