Cue Health Announces $481 Million Grant for Coronavirus Tests

Cue Health of San Diego was awarded a $481 million US Defense Department grant to ramp up production of its rapid point-of-care molecular coronavirus tests. In return for the grant, the US will receive six million tests and 30,000 test readers. Cue expects to deliver at least half of that before the end of 2020. In June, Decheng Capital, a Shanghai-Silicon Valley healthcare investor, participated in a $100 million C funding of Cue Health. More details.... Share this with colleagues: // //