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Psychemedics Corporation Announces Reverse and Forward Stock Split

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DALLAS, TX December 2, 2024 (GLOBE NEWSWIRE) – Psychemedics Corporation (Nasdaq: PMD) (the “Company”), the world’s leading provider of hair testing for drugs of abuse, today announced that, following the approval of the Company’s stockholders at its Annual Meeting of Stockholders held on November 25, 2024, the Company’s Board of Directors has approved a 1-for-5,000 reverse ... Read more

Psychemedics Corporation Reminds Stockholders to Cast Their Votes for Upcoming Annual Meeting of Stockholders

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Psychemedics Corporation (NASDAQ: PMD), a global leader in hair testing, reminds its stockholders to vote ahead of the Company’s upcoming annual meeting of stockholders scheduled for November 25, 2024.  Each stockholder’s vote is important.  The Company’s Board of Directors recommends that stockholders vote "FOR" each proposal at the annual meeting. Instructions for voting your shares ... Read more

The Future of Drug Testing in Education: Key Insights from the 2024 Psychemedics Education Insights Report

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As drug use and substance abuse continue to be a pervasive issue in educational environments, ensuring the safety and well-being of students and staff remains a top priority. Educational institutions must adopt Health & Wellness Initiatives using advanced drug screening methods to stay ahead of evolving drug trends, which can negatively impact academic performance, mental ... Read more

Psychemedics Releases First-Ever Education Insights Report: Uncovering Drug Trends in Educational Institutions Through Hair Testing

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Psychemedics Corporation (NASDAQ: PMD), a global leader in hair testing for drugs of abuse, is excited to announce the release of its first-ever Education Insights Report. This report provides an in-depth analysis of drug trends within educational institutions, shedding light on the growing challenges schools face in maintaining a drug-free environment for students and staff. ... Read more

The Rise of Ketamine: Understanding the Growing Trend and the Value of Hair Testing

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Rise of Ketamine
In recent years, ketamine, an anesthetic and dissociative drug, has emerged as both a therapeutic tool and a substance of abuse. Initially known for its use in veterinary medicine, ketamine has gained traction in the medical community for its potential in treating depression and PTSD. However, its recreational use has also surged, raising significant concerns ... Read more

Psychemedics Corporation Launches New Ketamine Hair Testing Service

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Psychemedics Corporation (NASDAQ: PMD), a global leader in hair testing, is proud to announce the launch of its new ketamine hair testing solution. This innovative testing method marks a significant advancement in the detection and prevention for a drug-free workplace and community.  Ketamine, a powerful dissociative anesthetic and emerging drug of abuse, poses a growing ... Read more

Psychemedics Corporation’s Board of Directors Approves Plan to Terminate Registration of Its Common Stock

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DALLAS, TX, August 12, 2024 – Psychemedics Corporation (Nasdaq:PMD) (“Psychemedics” or the “Company”) today announced that a Transaction Committee (the “Transaction Committee”) of the Board of Directors of the Company (the “Board”)  comprised of independent directors has recommended, and the Board has approved, a plan to cease the registration of the Company’s common stock under ... Read more

Drugs in the Digital Age: How Online Trends Influence Drug Use

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In today's interconnected world, social media platforms like Instagram, TikTok, Snapchat, and YouTube have become integral parts of daily life. These platforms not only shape our interactions and communication but also influence trends and behaviors, including drug use. Understanding the impact of digital platforms on drug use is crucial for developing effective strategies to mitigate ... Read more

The Evolution of Hair Testing: From Historical Roots to Modern Methods

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Hair testing, a method of detecting drug or substance use by analyzing hair follicles, has evolved significantly over time. From its historical roots to the advanced techniques employed today, hair testing has revolutionized how substance abuse is detected and monitored. Historical Roots The concept of using hair as a medium for drug testing dates back ... Read more

Hair Testing vs. Urine Testing: Which is More Reliable?

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Drug testing is a critical tool used in various fields, from employment screening to law enforcement investigations. Hair and urine testing stand out as two prominent options among the numerous available methods. However, a debate often arises regarding their relative reliability and effectiveness. This comprehensive post will delve into drug testing, comparing hair and urine ... Read more