PUBLISHED: 07:26, Thu, Nov 12, 2020 | UPDATED: 07:26, Thu, Nov 12, 2020
The new instant tests could allow Britons to find out whether they are infected prior to attending large gatherings. The test has a proven accuracy of 95 percent in the most infectious cases.
It also detected more than three in four infections - most of which are currently not being picked up on.
Sir John Bell, regius professor of medicine at Oxford University, said: “These inexpensive, easy to use tests can play a major role in our fight against COVID-19.
“They identify those who are likely to spread the disease and when used systematically in mass testing could reduce transmissions by 90 percent.
“They will be detecting disease in large numbers of people who have never previously even received a test.”
Coronavirus breakthrough: New £5 COVID test brings hopes of football return to fans (Image: Getty)
The news comes after pharmaceutical firm Pfizer announced its COVID-19 vaccine proved more than 90 percent effective during trials.
Prime Minister Boris Johnson said he expects to have 10million doses of the vaccine by the end of the year if it is authorised by regulators.
On Monday Dr Albert Bourla, Pfizer chairman and CEO said: “Today is a great day for science and humanity.
"The first set of results from our Phase 3 COVID-19 vaccine trial provides the initial evidence of our vaccine’s ability to prevent COVID-19.
The new tests could allow Britons to find out if they are infected prior to attending gatherings (Image: Getty)