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RDX Alters Business Plan Due to Lab Market Changes

CEO cites six factors which collectively signal a time of transition for the lab testing industry

CEO SUMMARY: Executives at Regional Diagnostic Laboratories (RDX) made a splash last May when they announced the new company’s plans to acquire hospital laboratory outreach programs, backed by a capital commitment of $250 million. Now, in recognition of swift changes in the lab test marketplace, RDX has pulled back and will wait for a more …

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