OraSure Technologies Covid Test Selected by HHS for School Programs
25 May 2022 - 9:51PM
Dow Jones News
By Chris Wack
OraSure Technologies Inc. said Wednesday that its InteliSwab
Covid-19 rapid test has been selected by the U.S. Department of
Health and Human Services to be distributed to schools
nationwide.
The company said the HHS program provides school districts with
at-home Covid-19 test kits to be sent home with students, teachers
and staff to help keep the nation's schools safe as the pandemic
continues. Tests provided under this program will be funded as part
of OraSure's procurement contract from the Defense Logistics
Agency.
OraSure said the overall accuracy of the InteliSwab test
including a pediatric population is 93%, demonstrating comparable
accuracy to that in adults.
InteliSwab users swab their lower nostrils with the test stick,
swirl it in a pre-measured solution, and see their result on the
test stick in 30 minutes.
OraSure shares were up 14% to $5.16 in premarket trading.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
May 25, 2022 07:36 ET (11:36 GMT)
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