Co-Diagnostics Inc (CODX)

[Opti Mist]

The Biden administration is currently trying to ramp up testing across the US in light of the highly infectious Omicron variant, which has affected unvaccinated people as well as those who had been vaccinated or received their booster shots.
However, in the early months of the Biden presidency, the administration had made COVID-19 testing a priority as they thought it was the best way to stop the spread of the virus, current and former US officials told The Post.
Officials were particularly keen on widespread PCR testing as there was greater doubt over the accurate of rapid antigen tests at the time, the sources told The Post.
A Centers for Disease Control and Prevention-led report released on January 1 found that rapid antigen tests were substantially less accurate than PCR tests.
However, the Biden administration's focus on testing was suddenly replaced by a focus on vaccines after modeling at the time showed they were the best way to drive down infections, The Post said.
"They were like, 'Great. We can vaccine our way out of this thing, so we don't need so many tests,'" a former transition official told The Post.
Biden admin abandoned work on a mass COVID-19 testing plan because it thought it could 'vaccine our way out of' the pandemic, report says (msn.com)