10-minute test being developed to detect cancer

(CNN) -- What if there was a test that could detect traces of malignant cells anywhere in the human body and do so in about 10 minutes? Almost sounds too good to be true, right?

Well, researchers from the University of Queensland in Australia say it's very possible. The 10-minute cancer test was developed after scientists discovered that cancer forms a unique DNA structure when placed in water. According to the study, identifying that unique structure could help researchers detect cancer cells in a patient's bloodstream a lot sooner than most methods and for a lot less money.

The test has not been conducted on humans yet and is still in development stages but from what researchers have been able to gather thus far, the signs are positive. More than 200 tissue and blood samples were tested to detect breast, prostate, bowel and lymphoma cancers. The results came back with 90% accuracy.

Researchers are hopeful for similar outcomes with other types of cancers.