OSUR - Biden administration ending free at-home COVID tests due to lack of funding
- The federal government's program of providing free at-home COVID-19 tests sent by mail will end on Sept. 2 due to a lack of funding, NBC News reported.
- The covid.gov website states that the program will end on that date as "Congress hasn't provided additional funding to replenish the nation's stockpile of tests."
- NBC News said that Biden officials want to ensure there are enough tests stockpiled in case there is a COVID surge in the fall.
- Rapid COVID-19 test maker: Abbott Laboratories ( NYSE: ABT ), Quidel ( NASDAQ: QDEL ), Roche ( OTCQX:RHHBY ) Orasure Technologies ( NASDAQ: OSUR ), and Lucira Health ( LHDX ).
- USPS began s hipping out the free tests in January .
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Biden administration ending free at-home COVID tests due to lack of funding