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Psychemedics

Acton-based drug testing company moving headquarters to Texas after turbulent 2023

After hinting at a corporate restructuring in November, Psychemedics, an Acton-based manufacturer of hair drug testing kits, has announced it is moving their corporate headquarters to Dallas, Texas.

Psychemedics hires new VP of finance amid executive shakeup

Psychemedics, an Acton-based manufacturer of drug testing kits, has hired Daniella Mehalik as the company’s vice president of finance.

Acton drug test company plans restructuring amid revenue drop

Following a $2.1-million loss in the third quarter, Acton drug testing firm Psychemedics said on Thursday it is in the midst of a restructuring.

Acton drug testing company brings in new CEO

Psychemedics in Acton, a hair testing for drug abuse firm, has changed leaders. Brian Hullinger officially became president and CEO on Thursday, following the retirement of longtime leader Ray Kubacki.
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Following Insulet resignation, no Central Mass. public companies are led by a female CEO

When Shacey Petrovic stepped down as CEO of Acton medical-device company Insulet in May for personal reasons, she left Central Massachusetts without a single public company headquartered here, traded on NASDAQ or New York Stock Exchange, with a woman as CEO.

Acton’s Psychemedics reports Q4 loss

Acton manufacturer of hair drug tests Psychemedics reported fourth quarter losses as the company saw declines domestically and in Brazil.

FDA clears Psychemedics’ hair test for fentanyl

Acton drug test manufacturer Psychemedics Corp. has begun marketing a hair test to detect fentanyl, a powerful opioid gaining a reputation for its role in drug overdoses.

The Boardroom Gap: Central Mass. businesses slightly improve inclusion of women in leadership

Women continue to be vastly outnumbered by men at Central Mass. public companies, though improvement has been found in some areas.
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Psychemedics records $6.1M annual profit

Thanks to what the company says is a hot Brazilian market, Acton drug hair testing firm Psychemedics is reporting a 2017 profit of $6.1 million.

Boardroom Gap: Women vastly underrepresented in Central Mass. corporate leadership

A three-month WBJ investigation into 75 prominent Central Massachusetts business organizations found women comprise a disproportionately low percentage of senior executives and board seats.
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