Psychemedics Corporation (PMD) NASDAQ

Currency In USD

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Psychemedics Corporation

Address

289 Great Road

Acton, MA 01720

United States of America (the)

Phone

978 206 8220

Sector

Healthcare

Industry

Medical - Diagnostics & Research

Employees

116

First IPO Date

January 22, 1987

Key Executives

NameTitlePayYear Born
Brian HullingerPresident, Chief Executive Officer & Director361,3701968
Daniella MehalikVice President of Finance126,4101990
Shannon ShoemakerVice President & Chief Revenue Officer187,8241986
Annette BaumgartnerFounder0N/A
Michael WeisenhoffPrincipal Financial & Accounting Manager01990
Patrick J. Kinney Jr.Secretary0N/A
Werner A. BaumgartnerFounder0N/A
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Description

Established in 1986 and based in Acton, Massachusetts, Psychemedics Corporation specializes in providing comprehensive drug abuse detection services. The company operates across the United States, Brazil, and various international locations, employing hair sample analysis to identify a broad spectrum of substances. Their rigorous testing methodology involves both initial screening and confirmatory analysis through mass spectrometry, adhering to recognized industry standards. Psychemedics' analytical capabilities cover a wide array of drugs, including common illicit substances like cocaine, marijuana, and PCP. They also detect various amphetamines, such as ecstasy, eve, and Adderall, along with a comprehensive list of opiates, including heroin, hydrocodone, hydromorphone, oxycodone, oxymorphone, and codeine. Furthermore, their tests identify synthetic cannabinoids (e.g., K2, Spice, Blaze), benzodiazepines (like Xanax, Valium, and Ativan), nicotine, and Fentanyl. The results of their analyses offer more than just a positive or negative finding; they provide quantitative data indicating the approximate amount of drug consumed. Crucially, the tests also yield historical information that can reveal an individual's drug use patterns over an extended period. Psychemedics serves a diverse clientele, including employers seeking applicant and employee drug screening, treatment professionals, law enforcement agencies, school administrators, and parents concerned about potential substance use by their children.

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