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Coronavirus

Chinese healthcare companies hit COVID jackpot with home-test kits

Overseas sales boom as omicron rages, but pandemic's end will clip windfall

The omicron variant has sparked huge demand for rapid antigen testing kits.   © Reuters

HONG KONG -- Andon Health suffered through years of losses until the Chinese medical device maker shifted to exporting COVID-19 home testing kits, unleashing a cash windfall that is also boosting the fortunes of other mainland health care operators.

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