Rapid Corona Test – Breaking News

by techinvestor

The U.S. Food and Drug Administration issues the first emergency use authorization for a point-of-care Covid-19 diagnostic for the Cepheid Xpert Xpress SARS-CoV 2 test.

Cepheid is part of Danaher (NYSE:DHR).

The test will provide results within hours, rather than days like existing tests, said HHS Secretary Alex Azar.

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Cepheid said the test has been designed to operate on any of its more than 23,000 automated GeneXpert Systems worldwide, with a detection time of ~45 minutes.

The company plans to roll out the new test by March 30, the FDA said, while Cepheid said the test will begin shipping next week.

 

 

 

Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.

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