Amazon, Inc. (NASDAQ: AMZN) in the US.
Each test kit, according to the company, provides a PCR quality test result at home in 30 minutes or less. After testing, users can also receive a free, text-based digital LUCI PASS verified test result on their phone for work or travel. The product costs $55 and includes free standard shipping.
Lucira focuses on developing and commercializing infectious disease test kits.
Lucira shares were rallying 17.09% to $5.96.
Ra Medical Jumps: Medical device company Ra Medical reported a narrower-than-expected loss of $2.48 million and better-than-expected revenues of $1.1 million for the first quarter.
The company, which commercializes excimer lasers and catheters for the treatment of vascular and dermatological diseases, noted an improvement in dermatology revenues, as COVID-19 restrictions are lifted.
Mid-Day Market Update: Array Technologies Drops Following Downbeat Earnings; Harrow Health Shares Climb
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Search jobs 07-May-2021 Dermatology Excimer Lasers Market 2029 Size, Industry Share, Growth, Trends and Top Key Players: Ra Medical Systems Inc., DEKA Research & Development Corporation, Shenzhen GSD Tech Co., Ltd. and Others Laser treatment is gaining popularity for dermatological diseases and skin disorders treatment. Dermatology excimer laser is used for several skin disorders such as vitiligo, psoriasis, alopecia areata, atopic dermatitis folliculitis, allergic rhinitis, Lichen planus, Leukoderma, granuloma annulare and many other dermatological disorders. Dermatology excimer lasers used an intense beam of focused laser light.
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The plaintiffs in a securities class action against Ra Medical Systems Inc. and company officials filed a second amended complaint on Monday in the Southern District of California.
Lead plaintiffs and shareholders Ervin Derr and Peter Shoemaker and the class members are pursuing claims against medical device manufacturer Ra Medical and its top executives under the Securities Act of 1933 and the Securities Exchange Act of 1934, stemming from allegedly false representations Ra Medical made about its DABRA laser system and catheter that artificially inflated its stock price.
The alleged falsehoods began in March 2019 when Ra Medical disclosed some manufacturing problems with its product but then claimed that the company had resolved the issues. It was not until August 2019 when Ra Medical “was forced to disclose the real manufacturing issues and to acknowledge that they had not been resolved.” At this time, Dean Irwin, a defendant in the lawsu