The Company's products are used by hospital, clinical, veterinary, research and forensic laboratories, as well as doctors' offices, to obtain precise and rapid identification and measurement of hormones, drugs, viruses, bacteria and other substances present in body fluids and tissues at infinitesimal concentrations. The Company's kits are used for in vitro testing, meaning the tests are performed outside of the body, typically in a test tube.
Net income reflects increased gross margins driven by manufacturing efficiencies.
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