The test was developed by subsidiary Fujifilm Wako Pure Chemical Corp and will be released on April 15, the company said 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 being tested as a treatment in China.
It comes as the number of coronavirus cases worldwide yesterday hit one million – with a death toll of more than 50,000.
According to tracking website Worldometer, a total of 210,191 of the one million people have recovered from the virus.
Just prior to Fujifilm’s news, Donald Trump announced on Thursday he had tested negative for the virus for a second time.
The president of the United States – which has seen its death toll hit 2,373, up from 1,941 on Wednesday – underwent the test using a new diagnostic that produced a result in less than 15 minutes, and it determined he has not been infected.
President Donald Trump was speaking alongside the White House Coronavirus Task Force.
“I think I took it really out of curiosity to see how quickly it worked,” said Trump, who also tested negative last month after coming into contact with a Brazilian official who later tested positive for the coronavirus.
A White House official said Trump took the newly released Abbott Laboratories test.
He was speaking at his daily White House news briefing.