Nearly a year after Covid-19 first tore through New York, the outlook for a rebound in economic activity is partly tied to the ease and availability of testing for the disease.
In a bid to speed up a reopening, the New York City Economic Development Corp. is investing in a rapid Covid-19 test that was initially developed for use to reopen the Columbia University campus. This week, the EDC is expected to announce that a team from Columbia University, led by Dr. David Ho, director of the Aaron Diamond AIDS Research Center, is the first awardee in a continuing competition to develop a point-of-care or at-home Covid-19 test.
Dr. Ho’s team is expected to begin seeking emergency-use approval from the U.S. Food and Drug Administration for the antigen test this week, he said in an interview. The city’s EDC is awarding Dr. Ho $164,000 in funding to support additional studies of the test, which is formatted like a home pregnancy test and delivers results in about 10 to 15 minutes.
The hope is that once authorized, tests would be available directly to the city, without passing through federal or state channels, according to an official for the EDC.
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