The FDA has given Abbott Labs the green light to market a portable COVID-19 test that delivers results in just 15 minutes and costs only $5.
Abbott executives told NBC News that the test is about the size of a credit card, doesn't require any additional lab equipment and even uses a less-invasive swabbing method than other tests to get a sample.
Tens of millions of these tests could begin shipping in September with a push to ship 50 million tests by October.