not vested
PROVIDING TESTING IN THE GLOBAL FIGHT AGAINST CORONAVIRUS
Today, we're highlighting a company that's ready to combat the COVID-19 crisis...
As coronavirus sweeps across America, the number of U.S. cases has grown to more than 200,000. Medical equipment and supplies are crucial to treat the influx of patients.
But diagnostic tests also play an important role – so that states can understand where we stand and where outbreaks are happening. Today's company recently got the green light to distribute its tests in America...
Quidel (QDEL) is a leading maker of diagnostic solutions, such as tests. Its products help clinicians quickly diagnose infectious diseases and more.
As you've seen on the news, medical supplies – including masks, ventilators, and tests – are desperately needed by hospitals throughout the country.
And on March 17, the FDA gave emergency authorization for Quest Diagnostics (DGX) and Quidel to distribute tests for COVID-19.
QDEL shares jumped 26% that day as a result, and then went on to reach new highs. With the overall market swinging wildly with uncertainty, one thing's for certain...
We need tests to combat this pandemic. And that should drive further gains for this stock...
Source: Daily Wealth