Retirement Planning for Married Couples

Retirement Planning for Married Couples

If you are married, you've likely spoken to your spouse about retirement. You may have a goal of moving somewhere tropical and enjoying your golden years on a beach, or you might want to stay where you are and spend … Continue reading ->The post Retirement Planning for Married Couples appeared first on SmartAsset Blog....

Chembio Sinks 59% In Pre-Market As FDA Revokes Its Covid-19 Test; Top Analyst Cuts Rating

Shares in Chembio Diagnostics (CEMI) sank 59% after the U.S. Food and Drug Administration revoked the Emergency Use Authorization (EUA) of its DPP (Dual Path Platform) COVID-19 serology test.The stock plunged to $4.10 in pre-market trading after the FDA said that there were performance concerns with the accuracy of Chembio’s SARS-CoV-2 antibody test. The U.S. regulator added that it made the decision to revoke the EUA authorization for the serology test as “benefits no longer outweigh its risks”.“This test generates a higher than expected rate of false results and higher than that reflected in the authorized labeling for the device,” the FDA said in a statement. “Under the current circumstances of the public health emergency, it is not reasonable to believe that the test may be effective in detecting antibodies against SARS-CoV-2.”The antibody test was one of the first to be granted EUA by the FDA in April. Chembio had been touted as one...