Labs find lower Covid RT-PCR test pricing unviable, some may opt out

Unless a lab is doing a large volume of tests, the business will not be sustainable and smaller labs will not be able to continue

Topics
Coronavirus | Coronavirus Tests | Rapid Antigen Testing

Ruchika Chitravanshi & Sohini Das  |  New Delhi | Mumbai 

While the move by state governments to cap the maximum price for Covid RT-PCR test might have made them more affordable for the public, the labs say it will not be a viable business and will lead to losses. In fact, smaller labs may opt out of Covid testing at lower prices, industry experts say.

A Delhi-based lab owner said that unless a lab is doing a large volume of tests, the business will not be sustainable and smaller labs will not be able to continue to do these tests at lower costs. A Mumbai-based lab chain that has a pan-India network echoed the sentiment. "Capping lab ...

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First Published: Tue, December 01 2020. 15:39 IST
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