I'm going to start this thread with a post from a doctor on the internet... This is one of the most compelling stories to come along in a while...
Good Investing
Jim
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Article: 155155
Newsgroups: misc.invest.stocks
From: "Dr. Lawrence Salkoff" <salkoffl@thalamus.wustl.edu>
Subject: IMATRON, a seven billion market
Date: Wed, 12 Jun 1996 22:01:43 -0500
Regarding the market for Imatron: I calculate conservatively that
there
is an immediate demand for at least 7 billion dollars worth of Imatron
scanners. Here’s why: Heart disease is the leading cause of death in
this country; over 734,000 deaths in 1994 (NCHS). Early detection by
Imatron technology could significantly impact on this figure.
(Awareness
of incipient plaque could elicit simple preventative measures, like a
change in diet; early detection would prove economical to society in
the
long run.) There are approximately 80 million people in this country
over the age of 45 (US Census). A significant percentage of these
people, if educated, would choose screening, perhaps semiannually. 25
million scans per year for such screening purposes alone, requires at
least 4000 scanners. This assumes that a single scanner is used
continuously (every twenty minutes) on all (260) work days of a year
(6240 scans per year). This is just for screening purposes, just for
the
US market, and doesn’t take into consideration the use of Imatron
scanners for various other medical procedures. Yes, I bought imat
stock.
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