Abbott launches COVID-19 antibody test, plans 20 million tests per month by June [Reuters]
Abbott Laboratories (ABT)
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Source: Reuters
Abbott launches COVID-19 antibody test, plans 20 million tests per month by June (Reuters) - Abbott Laboratories Inc said on Wednesday it launched a coronavirus blood test that could show whether a person has been infected and plans to ramp up manufacturing to produce 20 million tests per month by June. The test helps identify disease-fighting antibodies in people who have been infected but may have had mild symptoms or none at all, making it different from the current diagnostic tests that require nasal swabs to confirm active infection. Antibody tests are considered a potential game changer in the battle to contain infections and offers the chance to get the economy back on track by identifying people who may have immunity to the virus and could return to their jobs. The company said it plans to file for FDA approval for its test through the emergency use pathway. Last month, the U.S. Food and Drug Administration relaxed the rules on use of diagnostic tests by allowing body-fluid te
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ABT
News
- Abbott Laboratories (NYSE: ABT) had its price target lowered by analysts at Bank of America Co. from $125.00 to $115.00.MarketBeat
- Abbott Hosts Conference Call for First-Quarter EarningsPR Newswire
- FDA sketches out plan to bolster fragile US infant formula supply management [CBS News]CBS News
- FDA sketches out plan to bolster fragile US infant formula supply management [CNN]CNN
- Abbott Laboratories (NYSE: ABT) is now covered by analysts at UBS Group AG. They set a "buy" rating on the stock.MarketBeat
ABT
Earnings
- 1/25/23 - Beat
ABT
Sec Filings
- 3/17/23 - Form ARS
- 3/17/23 - Form DEFA14A
- 3/17/23 - Form DEF
- ABT's page on the SEC website