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 COVID-19 Test: Abbott’s New Price & Details

$5 COVID-19 Test: Abbott’s New Price & Details

May 30, 2025 Catherine Williams - Chief Editor Health

The​ FDA has authorized Abbott’s new rapid COVID-19 antigen test, a ⁢pivotal advancement providing results in just 15 minutes. The game-changing ⁣BinaxNOW test, priced at only $5, utilizes a convenient⁢ nasal swab, ​similar to⁤ flu tests, ​and ⁣is poised for mass production—50 million⁤ tests monthly by October. those testing negative via this swift COVID-19 test can promptly access a date-stamped⁣ health⁢ pass through a free mobile app. Experts hail⁤ this as a critical tool in curbing virus spread. News Directory 3 provides further insights into this evolving⁢ landscape. ‌Discover what’s next for rapid, affordable testing ​solutions.

Key Points

  • FDA authorizes Abbott’s ‌rapid‍ COVID-19 antigen test.
  • Teh BinaxNOW test costs $5 and⁤ yields results in 15⁤ minutes.
  • A mobile app displays a‍ date-stamped health pass for negative ‍results.
  • Massive⁣ production aims‍ for‍ 50 million ‌tests monthly.

Abbott’s Rapid COVID-19​ Antigen Test Receives FDA ⁣Approval

Updated may 30,⁤ 2025

Abbott Labs secured emergency FDA authorization for its⁤ BinaxNOW COVID-19 Ag Card, a rapid antigen‍ test delivering results in 15 minutes. The‍ COVID-19 test,about the size of a ⁤credit card,uses a nasal swab,similar to flu tests,to ‍detect the virus.

brett Giroir, ⁤U.S. Assistant Secretary ‌for Health, previously called the test a “game-changer.”

The company ‌anticipates producing 50 million tests each month ⁢by‍ october, making ⁤the COVID-19 test widely ⁢accessible.‍ The BinaxNOW COVID-19 test will cost $5 and includes a free mobile ⁣app. Those testing negative can display ⁢a temporary, ⁤date-stamped health pass, renewed with each new test.

Joseph Petrosino,‍ a virology professor ⁣at Baylor Collage​ of Medicine, ‌welcomed the Abbott COVID-19 test, noting‍ its ‌potential ⁤to provide quick, reliable testing to millions. He ‌said this would help isolate‍ infectious individuals,curbing the virus’s spread.

while antigen tests, like Abbott’s, are less reliable than PCR tests that detect the virus’s genetic ‍material, they offer speed and‍ affordability. ⁤PCR tests have faced supply chain issues and‍ lab backlogs, delaying results.

What’s ⁣next

The BinaxNOW COVID-19 Ag Card is the fourth antigen test to ⁤recieve‌ emergency use authorization from the FDA. Widespread availability of rapid COVID-19 testing could considerably impact public health strategies.

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