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Health Care Power List 2018
Tuesday, March 27, 2018 | Category: Media Coverage
source: phoenixmag.com
Our list of the 25 most influential people in Valley health care is back for its annual checkup
11. David Dexter
President and CEO,
Sonora Quest Laboratories
With the success of DNA testing companies like 23andMe and Color Genomics, direct-to-consumer genetic health testing has become a $100 million market, expected to triple within the next five years. The trend has become a boon for Sonora Quest Laboratories, a joint venture between Banner Health and Quest Diagnostics that ranks as the market share leader in clinical laboratory testing in Arizona, performing more than 60 million diagnostic tests per year. Speaking at a 2017 health care workshop in Washington, D.C., Dexter reported that Sonora Quest experienced more than 400 percent growth in the direct-to-consumer sector in the past year, growth he says is continuing at more than 15 percent per month. The growth could move Dexter, who leads what is now the fourth largest bioscience firm in the state, even higher up in the rankings next year.