RE:RE:Will Abbott Labs Announcement....Interesting take, Barnie1! I would agree with you except that the timeframe for this of a year to two years means that Abbott Labs is more likely to slow production down to a trickle and redirect to a more profitable product line. If they were interested in the developing world they would have already made inroads. Like all the other "Big Boys' they chose not to.
We'll see what happens in the next two weeks???
Cheers!
As travel gears up over the next year and developing countries look to restart their tourism, pre vaccine completion, a whole other niche of testing requirements could develop to protect residents from asymptomatic, vaccinated business people and tourists from the developed world. That will be the story unfolding as we move into Fall and Winter.
Barnie1 wrote: Abbott will sell their test at a loss to drive out competion. They are a huge company and will make up the loss through their other products. And that is the way the BIG BOYS stay BIG.