Britain’s Covid-19 travel tests spawn US$520 million ‘Wild West’ free-for-all

Jul 22, 2021 | INVESTING

Early in the coronavirus pandemic last year, London property developer Arnaud Touret bought a batch of 5,000 rapid Covid-19 tests from South Korea. He set up a laboratory to analyse the results, hired a chief medical officer and applied for UK accreditation for his new venture.His company, Covid-19 Home Test UK Ltd., is now among more than 400 businesses listed on the government’s website offering PCR tests for travellers on their return. “There’s a gap that needs to be filled and the…

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