Psychemedics Corporation utilizes a hair analysis method involving radioimmunoassay technology and confirmation by mass spectrometry to analyze human hair to detect abused substances. The Company's tests can provide quantitative information that indicates the approximate amount of drug ingested, as well as historical data, which can show a pattern of individual drug use over a period of time. This information is used by employers in both applicant and employee testing, to physicians, treatment professionals, law enforcement agencies, to schools and to parents concerned about drug use by their children, and to other individuals and entities engaged in any business where drug use is an issue. The Company provides commercial testing and confirmation by mass spectrometry using practices for cocaine, marijuana, phencyclidine (PCP), methamphetamine (including Ecstasy) and opiates (including heroin and oxycodone).
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