Eight of the most prominent test makers are navigating a whiplash marketplace.
s the Omicron wave of the pandemic swept across America this winter, makers of at-home Covid tests faced a unique business dilemma. Seemingly overnight, demand for their products became infinite. Massive government contracts were up for grabs. By mid-January, the Biden Administration had promised to buy 1 billion of the tests. But it was almost equally certain that demand for the tests would vanish—at least temporarily—by the time spring arrived.
It was a whole new line of business for iHealth, which is majority-owned by China’s publicly traded Andon Health and made stuff like blood-pressure monitors and thermometers before the pandemic. Its contract manufacturer in Tianjin, China, also owned by Andon, made kits round-the-clock and even stayed open with partial staff on Chinese New Year’s. To help get the tests to the States, iHealth chartered 100 airplanes.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
N.J. spent nearly $94 million on free at-home COVID test program over 10 weeksThe program was launched when there was high demand but low supply for COVID tests.
Weiterlesen »
COVID-19 rapid test recalled for 'high number' of false positive reportsThe Food and Drug Administration announced that a healthcare company has recalled 45,500 COVID-19 rapid tests due to a “high number of false positive reports.”
Weiterlesen »
California Moves to Lift Vaccine and COVID-19 Testing Requirements for Indoor Mega-EventsOfficials have shifted the guidance to 'strong recommendation,' citing declining COVID-19 cases and hospitalizations across the state.
Weiterlesen »
Kenneth Branagh, Ciaran Hinds Test Positive for COVID-19, Says Jude HillThe 'Belfast' director and Hinds both missed the PGA Awards on Saturday after receiving a positive test, according to co-star Hill.
Weiterlesen »
San Diego County reports 659 COVID-19 cases, positive test rate ticks upwardThe San Diego County Health and Human Services Agency reported 659 new COVID-19 infections Friday as the percentage of COVID-19 tests returning positive posted a slight increase.
Weiterlesen »