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NEW YORK – Like most everything, the clinical laboratory business in 2020 was dominated by concerns and considerations related to the COVID-19 pandemic as demand for SARS-CoV-2 testing put the industry in the public eye like perhaps never before.

Near term, the pandemic had a significant influence on labs' investments and bottom lines, as companies raced to expand their molecular testing capacities, and lockdown-driven declines in routine testing were countered by high volumes of SARS-CoV-2 assays.

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