Best for uninsured: Pixel by Labcorp. Please. Fulgent Genetics will send you an email to notify you when your results are ready to view. Chief Executive Ming Hsieh said on the earnings call that the company has developed and distributed two Covid-19 testing products and is developing an at-home test kit. This is an archived article and the information in the article may be outdated. However, core revenues are growing smartly, and the company has a fortress balance sheet. That could determine how low revenue will go until the growing non-Covid revenue kicks in, he said. hb``f``z` Childhood Lead Poisoning Prevention Program, Carbapenem-resistant Enterobacteriaceae (CRE), Early Childhood Education and School Toolkits, Tobacco Retail Enforcement Program (TREP), California Health Interview Survey (CHIS), North Facilities Center - Center for Family and Youth . And this has a direct bearing on margins. Select Rite Aid locations are offering free COVID-19 testing to anyone with a government-issued ID. Testing volume dropped nearly 20% in the second quarter to 1.3 million compared to the same quarter last year nearly all of that due to less demand for Covid-19 tests. Vaccines prevent serious illness - including many that are easily spread in schools and daycare centers. 2525 Grand Avenue Long Beach, CA 90815 Phone: (562) 570-4000, 1301 West 12th Street Long Beach, CA 90813 Phone: (562) 570-4500 Fax: (562) 570-8234, 6335 Myrtle Avenue Long Beach, CA 90805 Phone: (562) 570-3300 Fax: (562) 570-3306. We noted at the time the company was navigating through a sharp drop off from Covid testing revenues but had some key things going for it over the longer term. 2525 Grand Avenue Long Beach, CA 90815 Phone: (562) 570-4000 Multi-Service Center for the Homeless 1301 West 12th Street Long Beach, CA 90813 Phone: (562) 570-4500 Fax: (562) 570-8234 North Facilities Center - Center for Family and Youth 6335 Myrtle Avenue Long Beach, CA 90805 Phone: (562) 570-3300 Fax: (562) 570-3306 Other Facilities Best overall: Everlywell. Taking a look at previous quarters, the . Mobile testing has expanded to include pop-up testing days as a strategy to increase access to testing for Long Beach residents, primarily for under-represented demographics and communities, and for those who are unable to access other ongoing city testing sites. People who insist on dividing the world into 'Us' and 'Them' never contemplate that they may be someone else's 'Them'. Ray A. Davis. Hsieh said the company has spent roughly $1 million over the past 90 days developing these new Covid-19 tests and expanding lab capacity to double test processing speed to about 10,000 tests per day. Walk-up testing by Covid Clinic. If you do not have a primary care doctor, contact the City's Public Health Info Line at (562) 570-INFO (4636). The City of Long Beach will be opening a no-cost Rapid Assessment Clinic at the Pacific Coast Campus, in addition to staging a field hospital at the Long Beach Sports Arena and establishing mobile hospital tents at local area hospitals, in anticipation to treat a surge in COVID-19 patients. Management is (very) well aligned and has an admirable track. He has won several awards, including Best Body of Work for a single reporter from the Alliance of Area Business Publishers and Distinguished Journalist of the Year from the Society of Professional Journalists. Blood from arm or finger stick. TEMPLE CITY, Calif., Sept. 09, 2020 (GLOBE NEWSWIRE) -- Fulgent Genetics, Inc. (NASDAQ: FLGT) ("Fulgent Genetics" or the "company"), a technology company providing comprehensive testing. Learn more about Bret Jensen's Marketplace Offerings: The Insiders Forum | The Biotech Forum | Busted IPO Forum. Fulgent saw testing volume decline roughly 30% in March, the companys chief financial officer, Paul Kim, said on a May 4 earnings call with analysts. For questions: Contact hello@picturegenetics.com or visit https://picturegenetics.com/covid19?c=lacathome, If you have a medical or psychiatric emergency, call 911. PO Box, 997377, MS 0500, Sacramento, CA 95899-7377. Given the uncertainty about the speed of the FDAs response, Perthuis said he could not predict when the at-home test would hit the market. Lab has notified Laboratory Field Services that it performs COVID-19 testing via the COVID-19 Notification Form. Through 2019, it was a small genetic testing company. These One-Stop Test to Treat locations. Sign up on thePicture by Fulgent Genetics websiteto have a test kit shipped to your home address via FedEx. There has been no insider activity in stock so far in 2023. Oropharyngeal Swab or Nasopharyngeal Swab Sample - Sample Requirements: Collect using standard procedure for selected sample type/kit. Terasaki Institute Opens New Biomedical Incubator on L.A.s Westside, Accountability today for a Sustainable Tomorrow. Mobile testing can be done at residences or facilities such as sober living homes, skilled nursing facilities, and other congregate facilities. Mobile testing is available for those who cannot leave their residences for various reasons (such as mobility issues or underlying health conditions). The stock currently trades just above thirty three bucks a share and sports an approximate market capitalization of $1 billion. Then prepare the package to ship the sample via FedEx. YLbs}Y:c2;UN30F_bxhe)rzG~0tf1-L7310pQ6AP=0 /% It is taken with a swab in the mouth, nose or throat. Free diagnostic testing in Long Beach is available for anyone interested in getting testing for COVID-19.*. Others may be sent to a lab for analysis. On November 7th, the company posted its third quarter numbers. If your sample arrives late, the Fulgent Genetics lab will not be able to run the test. Asymptomatic testing, including the testing of student athletes, is not available at this site. How it works I expect Fulgent to continue to use its cash hoard to make further strategic 'bolt-on' acquisitions in the quarters/years ahead as it builds out a comprehensive diagnostics platform. share of the developing market for genetic and COVID-19 testing and . Sign up on the Picture by Fulgent Genetics website to have a test kit shipped to your home address via FedEx. --Fulgent Genetics , Inc., a technology . I wrote this article myself, and it expresses my own opinions. Watch the video to see how it works: www.picturegenetics.com/nasalswab. See details at Medicare Covers Over-the-Counter COVID-19 Tests . You have 3-5 days after you receive the test kit to collect and return the sample to the lab via FedEx. Fulgent Genetics did make two significant acquisitions in the cancer-diagnostic space: CSI Laboratories in August of last year for an undisclosed sum reported to be more than $50 million; and. Please make sure that test kit activation, sample collection, and shipment all happen within the same calendar day. Hsieh said Fulgents test analyses offer a rapid turnaround time, though he didnt specify the exact amount of time. 163 0 obj <>/Filter/FlateDecode/ID[<195573432F14BF469E7045E1D8810A66>]/Index[134 68]/Info 133 0 R/Length 129/Prev 236819/Root 135 0 R/Size 202/Type/XRef/W[1 3 1]>>stream Mondays - Fridays*9 a.m. - 12:30 p.m.1:30 - 4:30 p.m. We strongly encourage all Long Beach residents who are interested in being tested to first contact their Primary Care Provider or Healthcare Center about receiving a test at their facility. Other Facilities Mondays - Fridays9:30 a.m. - 1 p.m.2:30 - 5 p.m. Martin Luther King Jr. ParkCenter Facilities Center1133 Rhea St. Cabrillo High School2100-2198 Monitor Ave., 90810(Enter on Hill and proceed to small gym across from the football field)- PCR & Rapid tests available, Ramona Park3301 E. 65th St.-Walk-up only- PCR & Rapid tests available, Mondays - Fridays*9:30 a.m. - 1 p.m.2:30 - 5 p.m.*Will be closed on the following Fridays: 2/17, 3/3, 3/17, & 3/31. In thisprogram, peopleareable to get tested and if they are positive and treatments are appropriate forthem receive a prescription from a health care provider, and have their prescription filled all in onelocation. Combine this uncertainty with what Nierengarten termed a year-long meltdown in biotech and life sciences stocks, and the result is the plunge in Fulgent stock. *Fulgent Genetics, the City's COVID-19 diagnostic testing partner, no longer offers Flu testing. Activate the test online Collect your own sample from your nose and wash your hands Package your sample in the pre-paid overnight envelope Call FedEx at 1.800.463.3339 to schedule a one-time FedEx Pickup, or drop off the packaged sample back to the Fulgent Genetics lab via FedEx express drop box UC Santa Cruz Main Campus. Once you receive the kit,take the test as soon as it arrives. Be sure to confirm FedEx hours and holiday schedules before you activate your test and collect your sample. Piper Sandler downgraded the shares to a Neutral with a $40 price target. Long Beach residents must schedule an appointment at CVS in advance. If you experience any difficulties, please contact kiosk-managers-group@ucsc.edu. But then the pandemic hit, and Fulgent Genetics pivoted big-time to Covid testing, snagging several huge public-sector contracts. Yes, overall sales plunged in FY2022 and will do so again in FY2023. If the sample arrives late, the Fulgent Genetics lab will not be able to run the test. It has been called Dr. Seuss Day because of this. Disclaimer: It is up to each individual to verify information and check with the test site regarding the insurance they take and any co-pays that are expected at time of testing, Centers for Disease Control and Prevention, Long Term Care and Residential Care Facilities for Elderly, healthy.kaiserpermanente.org/southern-california/health-wellness/coronavirus-information, www.cvs.com/minuteclinic/covid-19-testing, http://www.ucihealth.org/patients-visitors/pricing-transparency/covid-19-test-billing. It is important to note that the revenue fall was entirely due to Covid testing sales falling off a cliff. Congratulations to the winners of this years National Association of Counties (NACo) awards. As you wait to receive your test kit, please be sure to: The test kit is for immediate use only. He said the test analysis takes longer than the more common method but can yield more useful data for researchers in their quest to develop treatments and vaccines against the virus. 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