PharmChem Inc. Stock Analysis PCHM

PharmChem, Inc. engages in the provision of integrated drug testing services. The company is headquartered in Fort Worth, Texas. PharmChek is a system that uses sweat to detect the presence of illegal drugs. The company consists of a transparent polyurethane outer covering, a small absorbent pad, and a release liner. A unique number is printed on the Sweat Patch for identification and anticounterfeiting purposes. PharmChek detects Marijuana, Cocaine, Opiates, Amphetamine, Methamphetamine, PCP, Fentanyl, Oxycodone, Oxymorphone, Hydrocodone, Hydromorphone, Benzodiazepines, Methadone, and Buprenorphine. Its products include PharmChek Overlay, PharmChek Analysis Panels, and PharmChek for the Workplace. The PharmChek Overlay is made of the same polyurethane film as the PharmChek Sweat Patch and can be used to extend the wear time of the PharmChek Sweat patch. The PharmChek Sweat Patch can be used for standard non-DOT drug policy screens that include follow up, return to work, fitness for duty, reasonable suspicion, and random testing.