ProPhase Labs Inc (NASDAQ:PRPH) CEO Ted Karkus tells Proactive the company's coronavirus testing facilities which recently closed $37,500,000 to help fund the demand its been experiencing for its tests, has a 24 hour turnaround time that can beat out its larger competitors in the space.
Karkus says what's more, in the past two months, its second lab in Garden City, New York, has a testing capacity of up to 50,000 coronavirus tests per day.