5/11, 5:50 PM (Source: TeleTrader)
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US FDA approves Abbott's coronavirus antibody test

Abbott Laboratories announced on Monday its coronavirus antobody test has received emergency authorization from the United States Food and Drug Administration.

The company added it already started shipping the antibody tests to the US, theUnited Kingdom, Italy, Spain and India and expects to ship almost 30 million tests worldwide this month.

"Having more options of highly reliable tests across our platforms will help healthcare workers and health officials as they conduct broad scale testing for COVID-19," CEO Robert Ford stated. Abbott stressed its antobody tests showed 99.6% specificity and 100% sensitivity for patients tested 14 days after symptoms began.

Breaking the News / NP