• By The Financial District


Gov. Gavin Newsom visited Los Angeles County over the weekend to unveil a new laboratory that will significantly ramp up COVID-19 testing in the state as the holiday season approaches.

Right now, tests cost around $150. With the lab  fully operational, tests will decrease to about $30, according to Newsom.

“This lab is happening at the right time," said Newsom, noting that several states across the country are seeing a spike in cases. Daily COVID-19 cases in the U.S. reached a record high Thursday, with experts warning that death rates could triple by mid-January.

The Valencia lab, which opened Friday, is part of a partnership with Massachusetts-based PerkinElmer and is being touted as a way to drive down testing costs and improve turnaround time for results.

While voting at the Golden 1 Center on Thursday, Newsom said that expansion of testing is key in efforts to reopen more schools in California.

The new facility will enable the state to process an additional 150,000 COVID diagnostic tests a day, according to the Newsom administration. As of Tuesday, California was averaging nearly 134,000 tests a day.