Coronavirus Antibody Test From Abbott Receives Emergency Use Authorization
The FDA on Monday authorized the use of a new antibody test that can determine who has been exposed to the coronavirus that has claimed the lives of at least 74,270 Americans to date. Wide deployment of Abbott's (NYSE: ABT) freshly authorized SARS-CoV-2 antibody test could help people safely return to some semblance of normal life sooner rather than later.
By the end of May, Abbott plans to ship 30 million new antibody tests worldwide, followed by 60 million more in June. As a global leader in the diagnostic space, Abbott probably won't have trouble hitting that target.
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Source Fool.com
