Aug 27, 2020 - Politics & Policy

Trump admin to buy 150 million rapid COVID-19 tests from Abbott

President Trump sits behind a table with the Homeland Security crest behind him

Acting Homeland Security Secretary Chad Wolf and President Trump on Aug. 27. Photo: Brendan Smialowski/AFP via Getty Images

The Trump administration plans to purchase 150 million rapid coronavirus tests from Abbott Laboratories, the White House announced Thursday.

Why it matters: Abbott said Wednesday it plans to make 50 million of the $5 coronavirus tests by the start of October. COVID-19 testing, which is essential to tracking the spread of the virus, declined across the U.S. this month.

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