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Tag: layoffs

San Diego COVID-19 testmaker Cue Health is shutting down

Cue Health, the once high-flying San [Diego] biotech supplying rapid COVID-19 test kits to the NBA and others, is shutting down this week.

Cue’s closure comes a week after the U.S. Food and Drug Administration warned consumers to throw out any of its COVID-19 test kits because they could give false results. The San Diego firm said it has stopped selling the COVID-19 tests, which was its only fully FDA-approved commercial product.

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