HealthDay Reports: NIH Launches $500 Million Contest to Produce Best COVID-19 Test
The goal of the contest is to make millions of tests a week available to all Americans by the end of this summer and to have even more in time for the flu season to help make testing more widely available.
WEDNESDAY, April 29, 2020 (HealthDay News) -- A competition between researchers is part of a $1.5 billion program that seeks to speed development of accurate, quick and easy-to-use COVID-19 tests, the U.S. National Institutes of Health (NIH) announced Wednesday.
The NIH invites "all scientists and inventors with a rapid testing technology to compete in the COVID-19 testing challenge for a share of up to $500 million over all phases of development."
The goal is to make millions of tests a week available to all Americans by the end of this summer, and to have even more in time for the flu season.
"We need all innovators, from the basement to the boardroom, to come together to advance diagnostic technologies, no matter where they are in development," NIH Director Dr. Francis Collins said in an institute news release.