Lucira Health Inc (LHDX) – FDA approved Home Covid test kit developer IPO
**Summary:**
Founded in 2013, Lucira had already developed a single-use kit to diagnose influenza when it shifted gears to focus on SARS-CoV-2 detection in the COVID-19 pandemic. In November, the company won emergency use authorization (EUA) from the U.S. FDA for its [COVID-19 All-in-One Test Kit](https://cdn-a.william-reed.com/var/wrbm_gb_food_pharma/storage/images/publications/pharmaceutical-science/biopharma-reporter.com/article/2020/11/18/fda-authorises-first-covid-19-home-self-testing-kit/11954738-3-eng-GB/FDA-authorises-first-COVID-19-home-self-testing-kit.jpg), making it the first prescription molecular diagnostic test for the SARS-Cov-2 virus that can be performed from start to finish in the comfort of one’s home.
**Technicals**
* After winning emergency use authorisation in the FDA, the company is expecting billions of orders in the U.S, Europe & Asia.
* The [Covid test kids](https://cdn-a.william-reed.com/var/wrbm_gb_food_pharma/storage/images/publications/pharmaceutical-science/biopharma-reporter.com/article/2020/11/18/fda-authorises-first-covid-19-home-self-testing-kit/11954738-3-eng-GB/FDA-authorises-first-COVID-19-home-self-testing-kit.jpg) are one use only so expect a continious stream of these. The company has also developed it to work on all mutations of the Corona virus strain so as more mutations come up, expect more demand to rise.
https://www.reddit.com/r/StockMarket/comments/lfjenj/lucira_health_inc_lhdx_fda_approved_home_covid/