Henry Schein says its coronavirus test takes just 15 minutes, and there’s no swab necessary

Good afternoon, readers.

Yet another coronavirus test is hitting the market—and it comes with a unique twist.

Henry Schein, a major medical distributor that works across a wide variety of of health care-related industries, claims it has a blood test for coronavirus which can be conducted in as little as 15 minutes.

“Henry Schein has played a key role in providing point-of-care testing to health care professionals, and is now responding to the urgent need for wide availability of rapid point-of-care testing for COVID-19,” said CEO Stanley M. Bergman in a statement.

That has some intriguing implications. For one thing: Most of the current COVID-19 tests require nasal and oral swabs. Theoretically, Henry Schein’s test could be done on-site with a pinprick and within an hour.

What’s more questionable is how that process would play out with patients and what financial costs they would have to bear. The company has unveiled a Q&A about their testing procedures.

The science of the blood test is fascinating. It focuses on antibodies, the proteins that show up when the immune system responds to an infection In this case, a past or present infection. And because it’s a blood test, the company didn’t have to get an emergency authorization from the FDA.

Read on for the day’s news.

Sy Mukherjee
sayak.mukherjee@fortune.com
@the_sy_guy