Abbott Rolls Out New 15 Minute COVID-19 Test, with Tens of Millions Set for September Release, Ramping Up to 50 Million a Month in October

News provided by

Sep 16, 2020, 05:45 ET

DUBLIN, Sept. 16, 2020 /PRNewswire/ -- ResearchAndMarkets.com published a new article on the COVID-19 Testing industry "Abbott Granted Emergency Use Authorization For New 15 Min COVID-19 Test"

The US Food and Drug Administration has granted Emergency Use Authorization to Abbott's BinaxNow COVID-19 Ag Card rapid test. The test will greatly expand access to rapid testing and help to ease the pressure on overburdened laboratories. The new test is highly portable, affordable and gives results in only 15 minutes. The test does not require any equipment to process samples or read the test results and can be administered by health professionals in point of care settings. Abbott intends to ship tens of millions of BinaxNow tests in September, ramping to 50 million tests a month at the beginning of October.

The BINAXNow test also includes a companion app to allow people to display a digital health pass as proof of a negative test result. If test results are positive, people receive a message to quarantine and talk to their doctor. The new test is the sixth test Abbott has launched in the US to fight the coronavirus pandemic. These include two molecular laboratory tests, the ID NOW rapid molecular point of care test and two antibody laboratory tests.

To see the full article and a list of related reports on the market, visit "Abbott Granted Emergency Use Authorization For New 15 Min COVID-19 Test"

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets