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Biden Invests $1 Billion to Boost Rapid Covid-19 Testing

  • U.S. sees production rate growing as demand increases
  • Expanding manufacturing should lower prices for tests
Updated on

The Biden administration announced a $1 billion purchase of rapid at-home Covid-19 tests, an additional investment geared at expanding the availability of such products in the coming months.

Along with the authorization of another at-home test product on Monday, the $1 billion investment and earlier outlays should put the country on track to quadruple rapid testing by December, White House Covid-19 response coordinator Jeff Zients said Wednesday. He declined to say which companies would receive orders.