First rule for fixing a problem... Be able to identify it. LabCorp and Quest Diagnostics are America's clinical-testing duopoly — they're the ones who analyze your blood/saliva/etc. after your doctor collects test samples. Now, these publicly-traded labs are producing coronavirus tests. US confirmed infections have topped 1K — keeping that number as low as possible depends a lot on these labs:
This is Big Clinical's big moment... Lots of molecular testing companies are trying to develop COVID-19 kits. But only LabCorp and Quest have the capacity to scale for the amount of testing needed to crunch your bodily data. Still, both their stocks plunged over 22% in the past 5 days, since they haven't been able to capitalize on demand for testing.
Off the JV bench — and in the Varsity game... LabCorp and Quest could be doing more to scale testing, but they have some "opportunity blockage" (like Hasbro with Baby Yoda).