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Lab Group Makes Economic Case For Gene Testing Industry

The laboratory industry, facing policy pressures, commissioned a study by Battelle Memorial Institute that finds that genetic testing is adding thousands of jobs and $16.5 billion annually to the U.S. economy.

The laboratory industry is emphasizing the strong economic contributions of genetic testing to the U.S. economy in the face of policy pressures on the regulatory and reimbursement fronts.

The American Clinical Laboratory Association commissioned a study by Battelle Memorial Institute, which concluded Jan.19 that the genetic testing industry is adding hundreds of jobs and $16.5 billion annually to...

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