Russian Wealth Fund Invests in 30-Minute Coronavirus Test

Bloomberg, 16.03.2020

(Bloomberg) -- Russian Direct Investment Fund’s board approved an investment in a new test system that was developed together with Japanese partners, sovereign wealth fund says in emailed statement.

System boasts “highly precise” results, doesn’t require a laboratory to conduct test

Full-scale use of the system expected in April

Buyers in U.A.E., Saudi Arabia and Austria have made initial bids for over 500,000 kits