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Bullboard - Stock Discussion Forum Air Canada T.AC

Alternate Symbol(s):  ACDVF

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's... see more

TSX:AC - Post Discussion

Air Canada > More Good News
View:
Post by airlineinvestor on Nov 18, 2020 9:13am

More Good News

The most recent approval (see link below) by the FDA doesn’t seem to be getting a lot of media coverage today, perhaps overshadowed by Pfizer’s most recent announcement (completed study results on its vaccine’s efficacy now 95 percent.)
 
https://www.fda.gov/news-events/press-announcements/coronavirus-covid-19-update-fda-authorizes-first-covid-19-test-self-testing-home

 
Today’s announcement about a Covid-19 home test is not quite what I was referring to in my most recent post, but it is still one more game-changer in returning our lives to some sense of normalcy (See Pachuko’s post yesterday).
 

This home test will still require a prescription and from what I understand is on the pricey side.  However, expect similar less expensive products to come onto the market in the next month or two.  
 

I also see this approval as one step away from the consumer product type of home test (like pregnancy tests available at drug stores).  These tests are relatively inexpensive and do not require a prescription. 

 
Dr. Michael Mina, a Harvard professor and epidemiologist has been advocating for months the use of inexpensive home tests as a way of tackling the disease until a vaccine is developed and widely available.  The following two links provides background on his thinking:

 
https://news.harvard.edu/gazette/story/2020/08/cheap-daily-covid-tests-could-be-akin-to-vaccine/

 
Did Mina’s article in Time Magazine yesterday prompt this latest FDA approval? 

 
https://time.com/5912705/covid-19-stop-spread-christmas/?utm_source=twitter&utm_medium=social&utm_campaign=editorial&utm_term=ideas_covid-19&linkId=104733190
Comment by Starsearcher80 on Nov 18, 2020 9:32am
Yes, I saw this news as well, and it is extremely positive. While it is only available currently as a prescription, I think it will move quickly to over the counter, if not available on regular pharmacy shelves. Another VERY positive game changer.
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