There's a New 15-Minute Coronavirus Test

A new coronavirus test from Becton Dickinson (NYSE: BDX) can deliver results about 15 minutes after a healthcare provider drops a person's blood sample in the test kit. The new test was developed by BioMedomics, a privately held company based in North Carolina that will also manufacture the point-of-care diagnostic.

Unlike a recently approved point-of-care test from Abbott (NYSE: ABT) that looks for genetic material specific to SARS-CoV-2, Becton Dickinson's new test looks for some of the proteins produced from that genetic material. On Sunday, the FDA authorized the use of a rapid test that runs on Abbott's toaster-sized nucleic acid amplification machines, which are already in use by healthcare providers across the U.S.

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Source Fool.com