NetworkNewsWire Editorial Coverage: As surging rates of infection ripple across the United States and other parts of the world, many are waking up to a new reality: the beast is not fading away.
Governments are ramping up precautions as cases of the current global health crisis rise to new heights in parts of the US and around the world—potentially wiping out two months of progress. There were 34,700 cases reported July 7, bringing the US close to its late-April peak of 36,400 new cases in one day, according to a count kept by Johns Hopkins University. Worldwide, more than 10 million people have been infected and over half a million have died from the current crisis. In the US, there are over 2.7 million confirmed cases and 128,496 reported deaths. More than 25 million Americans have been tested for the virus, fueling an ever-increasing demand for efficacy and mass-production in testing capabilities. According to infectious disease experts, there will be recurring outbreaks without more robust testing, contact tracing, and quarantine services across the country. LexaGene Holdings, Inc. (TSX.V: LXG) (OTCQB: LXXGF) (LXG Profile), Co-Diagnostics Inc. (NASDAQ: CODX), and Abbot Laboratories (NYSE: ABT) are working to create fast and accurate tests, while drugmakers Moderna (NASDAQ: MRNA) and Novavax Inc. (NASDAQ: NVAX) are focused…
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