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Abbott Launches Third Covid-19 Test as First Gets a Pay Bump

  • U.S. will pay $100 per test, up from $51 to spur increased use
  • Company’s third coronavirus test detects previous infections
 Abbott Laboratories’ virus detection machine

 Abbott Laboratories’ virus detection machine

Source: Abbott Laboratories
Updated on

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Abbott Laboratories rolled out its third test for Covid-19 even as the U.S. government, in an effort to spur a more widespread search for the virus, plans to nearly double the amount it pays providers to run existing tests.