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Goldman Sachs: US coronavirus antigen test capacity could jump 600% as new tests hit market

Goldman predicts US coronavirus testing market to peak at $2.4bn in the last quarter of 2020

A health worker collected samples for coronavirus antigen testing
A health worker collected samples for coronavirus antigen testing Photo: Getty Images

Investment bank Goldman Sachs has predicted that US monthly coronavirus antigen test capacity could jump 600% as new tests hit the market.

US antigen testing capacity stands at 32 million tests per month, but the bank’s analysts think the four currently approved antigen tests will reach a capacity of 70-75 million per month before the end of 2020 and 82 million by mid-2021.

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