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3/26, 11:47 PM (Source: TeleTrader)
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Abbott's point-of-care virus test submitted to FDA - Pence

Abbott Laboratories submitted a point-of-care COVID-19 test to the United States Food and Drug Administration (FDA) for approval earlier in the day, Vice President Mike Pence confirmed on Thursday.

During a press briefing of the Administration's Coronavirus Task Force, Pence said the company's test promises to offer full results within 15 minutes of the testing and as such would be made available at any medical practice after it's greenlighted by the FDA.

Stocks of Abbott Laboratories added 2.89% in after-hours trading on Thursday.

Breaking the News / NL