Two of the largest private labs in the U.S. will collectively be able to process more than 300,000 COVID-19 tests by the end of the week, their CEOs say.
LabCorp CEO Adam Schechter told CNBC’s “Squawk Box” on Tuesday the company is processing around 20,000 tests daily and will by the end of the week be able to “a lot more” than 100,000 tests per week.
Quest Diagnostics is conducting about 25,000 COVID-19 tests per day, with plans of increasing daily capacity to around 30,000 by the end of the week, CEO Steve Rusckowski told CNBC’s “Closing Bell” a day earlier.
