he Trump administration will purchase 150 million rapid coronavirus tests from Abbott Laboratories for about $750 million, a White House spokeswoman said on Thursday.

The portable antigen tests, which can deliver results within 15 minutes and will sell for $5, received emergency use authorization from the U.S. Food and Drug Administration on Wednesday.

The portable test from Abbott is about the size of a credit card, requires no additional equipment to operate, and can be conducted using a less invasive nasal swab than traditional lab tests.

Antigen tests are cheaper and faster than molecular diagnostic tests, but somewhat more likely to fail to identify positive cases of the virus than lab-based diagnostic tests.

Reuters News

Certified News Nut, Published Hobby Songwriter/Poet, Writer, & Citizen Journalist. From the Bluegrass State of Kentucky. Home of the Kentucky Derby and best bourbon in the world.  I enjoy anything astronomy, space program, into all sports, and all forms of music. I enjoy people, humor, and good conversation. And I support Donald Trump and make no excuses for it!