WASHINGTON (Reuters) – The Trump administration will purchase 150 million rapid coronavirus tests from Abbott Laboratories for about $750 million, a White House spokeswoman said on Thursday.
The portable antigen tests, which can deliver results within 15 minutes and will sell for $5, received emergency use authorization from the U.S. Food and Drug Administration on Wednesday.
The White House confirmed an earlier report from Politico.
(Reporting by Jeff Mason; Editing by Dan Grebler)