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Rapid COVID-19 tests increasingly scarce, pricey as demand from employers jumps

By Carl O Donnell (Reuters) - Surging demand for COVID-19 tests from U.S. employers has exacerbated a nationwide shortage of rapid tests in recent weeks and is driving up costs for state and local testing programs, according to industry executives and state officials. Testmakers including Abbott Lab.

Rapid COVID-19 tests increasingly scarce, pricey as demand from employers jumps

Rapid COVID-19 tests increasingly scarce, pricey as demand from employers jumps
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Rapid COVID-19 tests increasingly scarce, pricey as demand from employers jumps

Surging demand for COVID-19 tests from U.S. employers has exacerbated a nationwide shortage of rapid tests in recent weeks and is driving up costs for state and local testing programs, according to industry executives and state officials. Testmakers including Abbott Laboratories, Quidel Corp and LumiraDX Ltd are scaling up production to meet rising demand. "Employer demand has gone crazy," said Quidel Chief Executive Doug Bryant.

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