$Merck & Co(MRK.US)$ The Biden administration plans to announce on Wed...

$Merck & Co(MRK.US)$ The Biden administration plans to announce on Wednesday a $137 million contract with Millipore Sigma, a unit of Germany's Merck, to increase production capacity of nitrocellulose membranes (NC membranes), according to market sources.
NC membrane is a critical material in the rapid screening reagent for COVID-19, but it is extremely limited by technology.
The move is expected to lead to the production of 85 million additional COVID-19 tests per month.