Even as the move by state governments to cap the maximum price of a Covid-19 reverse transcription-polymerase chain reaction (RT-PCR) test has made it more affordable, diagnostic laboratories (labs) feel otherwise. Lab executives say it will not be a viable business model and trigger losses.
In fact, the not-so big labs may even stop Covid testing at these rock-bottom rates, forecast industry experts.
A Delhi-based lab owner said business would only be sustainable if a lab was handling a large volume of RT-PCR tests.
A Mumbai-based lab chain with a pan-Indian network echoed the sentiment. “Capping lab tests is vote-bank politics by state

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