The Zacks Analyst Blog Highlights: Abbott Laboratories, Myriad Genetics, LabCorp, QIAGEN And Thermo Fisher
Zacks Investment Research | Feb 28, 2020 06:58AM ET
For Immediate Release
Chicago, IL – February 28, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Abbott Laboratories (NYSE:ABT) , Myriad Genetics (NASDAQ:MYGN) , LabCorp (NYSE:LH) , QIAGEN (NYSE:QGEN) and Thermo Fisher (NYSE:TMO) .
Here are highlights from Thursday’s Analyst Blog:
Genetic Test OK’d by FDA: 4 Stocks to Keep an Eye On
In February, the FDA approved the marketing of the first test to detect a genetic disorder known as Fragile X Syndrome or FXS. The test is designed for use in adults who may be potential carriers of genetic alterations pertaining to FXS, also known as the FMR1 gene. This pathbreaking regulatory approval will enable genetic testing companies to expand their business in this niche as FXS is the leading monogenic cause of autism spectrum disorder, which is on the rise globally.
With rampant cutting-edge innovation by MedTech companies in the growing global genetic testing market and the readiness of regulatory bodies like FDA to support and validate such tests, there are a number of companies that deserve investors’ attention. Let us take a closer look.
Genetic Testing a Booming Space
Per a report by Zacks Investment Research
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