Fujifilm Holdings Corp. has said it has developed a new test for the novel coronavirus that cuts the time required to see results to about two hours.

The test was developed by subsidiary Fujifilm Wako Pure Chemical Corp and will be released on April 15, the company wrote in a release on Friday.

The SARS-CoV-2 RT-qPCR Detection kit will be able to deliver results for the virus that causes COVID-19 faster than existing polymerase chain reaction (PCR) tests, which presently take four to six hours, the company said.

Fujifilm's Avigan anti-flu drug is currently being tested as a treatment for the disease in China.