Strategic Acquisition Shiel Medical Laboratory was acquired by Quest Diagnostics in December 2017, indicating a consolidation trend in the laboratory testing sector and potential access to broader distribution networks and updated technology platforms.
Expanding Test Portfolio The partnership with GlycoMark to distribute specialized tests across the Northeast highlights opportunities to offer diverse diagnostic solutions and expand testing capacities in targeted regional markets.
Regional Presence With a focus on New York and New Jersey, Shiel's geographic market focus presents opportunities to enhance service offerings and build partnerships within these dense healthcare hubs.
Technology Infrastructure Utilizing a blend of open-source and enterprise tools like Ubuntu, Nginx, and PHP suggests potential for scalable and cost-effective service enhancements, beneficial for clients seeking reliable laboratory IT integrations.
Growth Potential Operating with a small team and generating revenue between 1 million and 10 million dollars, Shiel presents opportunities for sales of additional testing services, laboratory management tools, and related healthcare solutions to grow its market presence.