Abbott Receives FDA Authorization for a $5 App-Enabled 15-Minute COVID-19 Test

Abbott Receives FDA Authorization for a $5 App-Enabled 15-Minute COVID-19 Test

Source: 
Motley Fool
snippet: 

Abbott's BinaxNOW COVID-19 Ag Card test, which is about the size of a credit card, can generate a result in 15 minutes and costs $5 per sample. The test, which was issued an emergency use authorization by the Food and Drug Administration, detects viral proteins to determine if the patient has been infected with the novel coronavirus. Results of the test will show up on Abbott's free Navica app, which will be available for both iPhone and Android devices.