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Pharmaceutical Industry Reaping Billions of Dollars in Profits from Coronavirus Tests

Abbott Laboratories, a leading maker of coronavirus tests, currently produces 70 million tests per month. Abbott has reported it has generated profits of more than $5 billion in global sales in the first three quarters of 2021 after the launch of its over-the-counter test BinaxNOW sold at Walmart, Walgreens and CVS stores. Read more.

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