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Stock impact report

CVS to launch two new drive-through COVID-19 testing sites [Reuters]

CVS Health Corporation (CVS) 
Last cvs health corporation earnings: 2/12 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.cvshealth.com
Company Research Source: Reuters
CVS to launch two new drive-through COVID-19 testing sites (Reuters) - CVS Health Corp said that it will launch two new drive-through COVID-19 testing sites in Georgia and Rhode Island on Monday using new, faster tests than had previously been available, with up to four more locations to follow. The company said both drive-through testing sites will use testing equipment made by Abbott Laboratories that can deliver results within minutes. It expects to be able to perform around 1,000 tests per day at each site. “We want to get some experience under our belt with these sites and understand exactly sort of what the volume looks like. And we’ll also be improving the logistics associated with each of the sites over time,” CVS Chief Medical Officer Troy Brennan said in an interview. Brennan said the company expects to announce a third testing site in a different state on Tuesday and could launch up to three more sites afterward. CVS was part of a group of U.S. retailers that pledged at a W Show less Read more
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