Quantum Materials Corp. (fka QTMM)

[drugmanrx]

Is It?

COVID is on its way out.

"Covid rates in China were rising in run-up to Labour Day holiday" 13 hours ago
"COVID-19 infections rise again, three deaths reported on April 30" 3 hours ago
"New COVID-19 subvariant referred to as Arcturus on the rise in Australia."4 days ago
"XBB.1.16: India hospitals on alert as Covid-19 cases rise" 3 weeks ago
"Singapore in the middle of COVID-19 wave, about 30% of cases are reinfections:" 2 weeks ago
"Japan Weekly COVID-19 Cases Rise to 73,000" 1 hour ago
"Number of Covid-19 cases on the rise in Quintana Roo" 5 hours ago
"Health experts warn of rise in new variant as SC COVID cases trend low" 5 days ago

Looks like the COVID testing market is still lucrative.

"Abbott Labs Reports $1 Billion Profit Despite Falling Covid Test Sales" (for 2022)

Why Abbott sales fall?

"One-third of US households used government's free COVID test website: CDC"

COVIDTests.gov was first launched in January 2022, when President Joe Biden pledged to give out 1 billion free rapid tests to combat the omicron surge at the time.

what happens in 2023

Free COVID testing will fade with US health emergency in May

When the COVID-19 public health emergency ends in the U.S. next month, you’ll still have access to a multitude of tests but with one big difference: Who pays for them.
For the first time, you may have to pick up some or all of the costs, depending on insurance coverage and whether the tests are done at home or in a doctor’s office.