LabCorp also was granted FDA approval this week for its at-home test for Covid-19.
The so-called serology tests are "for patients that don't have symptoms, that do not currently have Covid-19 but believe they've had it in the past," Schechter said onSchechter said that people will be able to access the blood tests through their physicians and urgent care clinics as well as through telemedicine services.
Schechter said that LabCorp has validated the test and believes it is "extremely accurate" in detecting whether someone has antibodies for Covid-19. However, he stressed it's too early to determine the exact benefits of having the antibodies. Dr. Scott Gottlieb, the former commissioner of the Food and Drug Administration, told CNBC on Wednesday that expectations around serology tests should be tempered.
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