News > US buys almost all of Abbott’s ₹400 coronavirus rapid tests made this year

US buys almost all of Abbott’s ₹400 coronavirus rapid tests made this year

LiveMint | 28/08/2020 03:30 PM | Click to read full article

The U.S. government is buying almost all of the $5 COVID tests Abbott Laboratories plans to produce this year, purchasing 150 million of the tests that were cleared yesterday and can be run in just 15 minutes. Public health officials quickly agreed the new test -- which works without relying on laboratory equipment -- could help ease delays and improve testing capacity.

It’s a single-use test, with results given at the point of care.

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