OraSure Receives Federal Funding for Development of Marburg Virus Rapid Antigen Test
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OraSure Technologies, Inc. has received federal funding to develop a rapid antigen test for the Marburg Virus Disease. This funding comes from the Rapid Response Partnership Vehicle, supported by BARDA, part of the U.S. Department of Health and Human Services.
December 02, 2024 | 12:30 pm
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OraSure Technologies has been awarded federal funding to develop a rapid antigen test for the Marburg Virus, enhancing its product portfolio and potentially increasing its market presence in the diagnostic sector.
The federal funding for the development of a Marburg Virus rapid antigen test is a significant development for OraSure Technologies. It not only expands their product offerings but also positions them as a key player in addressing emerging health threats. This could lead to increased investor interest and a positive impact on the stock price.
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