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Trump to Announce Deal With Abbott Laboratories for 150 Million Rapid Covid-19 Tests

President Trump is expected to announce a $750 million deal to buy 150 million rapid Covid-19 tests from Abbott Laboratories, a White House official said, a move that would substantially expand the nation’s capacity for rapid testing.

The Food and Drug Administration on Wednesday granted emergency-use authorization to the company for a $5 rapid-response Covid-19 antigen test that is roughly the size of a credit card. The test could be administered in a doctor’s or school nurse’s office and uses technology similar to home…

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