![]() ![]() Earlier this month, the company announced that the kit had been authorized to be sold in retail stores and in bulk. One of its early products is its GetMyDNA Covid-19 home testing kit. “This is a whole new business unit that we’re heavily investing in,” he says. He calls it “consumer-initiated testing,” and it includes telemedicine, home testing, apps, wearables, and other products designed to improve prevention and personal wellness. Gravity has created three business units, with one devoted to personal testing and health care, which Remington says holds promise. ![]() “We’ve been looking at this for 12 months,” Remington says. ![]() “It’s not a spreadsheet or a chart I’d want to show somebody.”īut the company has been preparing for the end of the pandemic, and has a plan to keep growing. “From a revenue point of view, as Covid goes away, it’s not pretty,” he says. So after a year like that, what do you do for an encore?Īs the need for rapid testing diminishes with the easing of the pandemic, Gravity CEO Tony Remington is realistic about sustaining such phenomenal growth. Gravity Diagnostics became one of the fastest-growing businesses in the region. Employment grew from a handful of people at the beginning to 450 walls had to be knocked down in its Russell Street workspace to create more room. Revenue in one year grew 3,000% as the company in short order won contracts with hospitals, state governments, schools, universities, and retailers who urgently needed help processing the rapidly growing number of Covid tests. Their foresight and quick action paid off. They might be able to put the small lab's analytical skills and health care connections to work to fight the virus, and improve the bottom line. When the Covid-19 virus emerged in China, the company leadership anticipated that this new germ would be highly contagious. Gravity Diagnostics was a small lab, launched in 2015, and struggling to turn a profit. ![]()
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