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Public IVD Companies Report Q4, Full-Year 2022 Earnings

In 2022/Q4, IVD companies see base business rise even as COVID-19 test revenue continues to drop

YEAR-END AND Q4 EARNINGS REPORTS FROM MAJOR IN VITRO DIAGNOSTICS (IVD) COMPANIES pointed to a welcome sign of core diagnostic business rebounding.  That’s the good news for IVD firms. The bad news? All of the SARS-CoV-2 testing revenue that these companies brought in over the last three years—as clinical laboratories and the general public demanded …

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