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Monday, November 23, 2009, 7:21PM ET - U.S. Markets Closed. Dow Up 1.29% Nasdaq Up 1.40%
Psychemedics Corp. (PMD)At 4:00PM ET: 5.82  Up 0.07 (1.22%)  
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Psychemedics Corp.
125 Nagog Park
Acton, MA 01720
United States - Map
Phone: 978-206-8220
Fax: 978-264-9236
Web Site: http://www.psychemedics.com

DETAILS 
Index Membership:N/A
Sector:Healthcare
Industry:Medical Laboratories & Research
Full Time Employees:92

BUSINESS SUMMARY 
Psychemedics Corporation provides testing services for the detection of abused substances through the analysis of hair samples primarily in the United States. The company provides commercial testing and confirmation by mass spectrometry to detect the presence of drugs of abuse, such as cocaine, marijuana, and PCP; methamphetamine, including ecstasy; and opiates that include heroin, hydrocodone, hydromorphone, and oxycodone. Its tests provide information that indicates the approximate amount of drug ingested, as well as historical data, which shows a pattern of individual drug used over a period of time. The company serves employers for applicant and employee testing, as well as physicians, treatment professionals, law enforcement agencies, school administrators, parents concerned about their children’s drug use, and other individuals or entities engaged in business where drug use or potential drug use is an issue. Psychemedics primarily markets its corporate drug testing services through its own sales force; and home drug testing services through the Internet and retail distributors. The company was founded in 1985 and is based in Acton, Massachusetts.
Key Statistics

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    CORPORATE GOVERNANCE 
    Psychemedics Corp.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 88.4% of CGQ Universe companies and 66.6% of Health Care Equipment & Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Raymond C. Kubacki Jr., 64
    Chairman, Chief Exec. Officer and Pres
    $ 424.00K $ 81.00K
    Mr. William R. Thistle Esq., 59
    Sr. VP and Gen. Counsel
    N/A N/A
    Dr. Michael I. Schaffer Ph.D., 64
    VP of Laboratory Operations
    N/A N/A
    Dr. Werner A. Baumgartner Ph.D.,
    Founder
    N/A N/A
    Ms. Annette Baumgartner ,
    Founder
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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