Biden Administration Restarts Distribution Of Free At Home COVID-19 Tests, After Suspending For Year
Portfolio Pulse from Vandana Singh
The Biden administration has announced that it will restart the distribution of free at-home COVID-19 tests to American households. The U.S. Department of Health and Human Services (HHS) plans to distribute these tests, which can identify current COVID variants, starting next Monday. HHS has also invested $600 million in 12 domestic COVID-19 test manufacturers, expecting to secure approximately 200 million tests from these companies.
September 21, 2023 | 11:16 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
As a potential manufacturer of the COVID-19 tests, Agilent Technologies may see increased demand and revenue.
The Biden administration's decision to restart the distribution of free at-home COVID-19 tests and invest in domestic test manufacturers could lead to increased demand for Agilent Technologies' products, potentially boosting its revenue.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Abbott Laboratories, as a potential manufacturer of the COVID-19 tests, may see increased demand and revenue.
The Biden administration's decision to restart the distribution of free at-home COVID-19 tests and invest in domestic test manufacturers could lead to increased demand for Abbott Laboratories' products, potentially boosting its revenue.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Becton, Dickinson and Company, as a potential manufacturer of the COVID-19 tests, may see increased demand and revenue.
The Biden administration's decision to restart the distribution of free at-home COVID-19 tests and invest in domestic test manufacturers could lead to increased demand for Becton, Dickinson and Company's products, potentially boosting its revenue.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50