You Should Be Able to Google 'Where Can I Get a Test:' Jim Cramer on Coronavirus Testing
How trustworthy are antibody tests?
Roche CEO Severin Schwan slammed some blood tests telling people if they have had the coronavirus as a “disaster.”
Roche is currently preparing to launch its own antibody test next month.
Around the world, politicians, healthcare professionals, etc. are all hoping that the development of an antibody test -- which would show whether or not you have had the coronavirus and could possibly be immune -- could help protect workers and also be used to restart economies.
However, if a test has a false positive, it could be putting people in danger if someone were to believe that they were immune when they truly weren’t.
In reference to other antibody tests that Roche has tested as it develops its own, Schwan said, “It’s a disaster. These tests are not worth anything, or have very little use.”
Jim Cramer says in addition to clarity on the accuracy of tests, investors and consumers need to know where they can get a test.
Watch the full video above for Cramer's full take.
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