COVID-19: US Govt Gobbles Up 150 Million BinaxNOW Rapid Tests From Abbott

Abbott will be paid $760m for the tests under a contract with the Department of Health and Human Services and the Department of Defense.

Abbott-laboratories

Less than a day after the US Food and Drug Administration granted emergency use authorization to Abbott for its rapid COVID-19 antigen test, the federal government has agreed to buy 150 million of them.

Abbott’s $5 point-of-care BinaxNOW COVID-19 Ag Card detects SARS-CoV-2, the virus that causes COVID-19. It’s intended for people suspected of having the virus within the first seven days of symptom...

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