InBios awarded $12.67 million DOD contract to Increase domestic production of rapid point of care COVID-19 tests

On Oct. 30, 2020 InBios announced that it had received Emergency Use Authorization from the U.S. Food and Drug Administration for its SCoV-2 Ag Detect Rapid Test.

The clinical performance of SCoV-2 Ag Detect Rapid Test was evaluated in a multi-site prospective study in the U.S., which showed that the test accurately determined 86.67% of those who were positive (PPA) and 100% of those who were negative (NPA) for SARS-CoV-2.

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Source: U.S. Department of Defense
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