COVID-19 bill with $25B for lab testing signed in

COVID-19 bill with $25B for lab testing signed into law

https://www.medtechdive.com/news/hospitals-75...te/576480/

The $25 billion is directed "to prevent, prepare for, and respond to coronavirus, domestically or internationally, for necessary expenses to research, develop, validate, manufacture, purchase, administer, and expand capacity for COVID–19 tests," including testing equipment and supplies for for validation of rapid, molecular point-of-care, serology and antigen tests, according to the Congressional record.

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For serology and antigen testing, most likely money will only be allocated to States buying testing from FDA approved companies. FDA set up a new 10 day application time for testing companies, after which they will decide the next steps in validation and approval. We can only hope they expedite instead of further delay.