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Monday, April 6, 2020

OraSure nabs BARDA contract for in-home COVID-19 test

OraSure Technologies (NASDAQ:OSUR) has been awarded a $710,310 contract from the Biomedical Advanced Research and Development Authority (BARDA) to develop a pan-SARS-coronavirus antigen rapid in-home self-test that uses oral fluid samples and provides results in 20 minutes.
This support will enable OraSure to file for FDA Emergency Use Authorization allowing for an in-home self-test to debut into the U.S.
Shares are up 9% premarket.
https://seekingalpha.com/news/3558493-orasure-nabs-barda-contract-for-in-home-covidminus-19-test-shares-up-9-premarket

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