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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 22.47+3.5%3:59 PM EST
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To: CatLady who wrote (3417)6/23/1998 9:29:00 PM
From: JanyBlueEyes   of 5736
 
<<It claims that a majority of its revenues will come from sales of a disposable calibration and contamination guard that will be required for each test performed using its instrument. This means that the Chromatics device needs to be recalibrated, or at least verified, after each use and that it requires contact with the patient's skin.>>

From Message 4821987 :

Similarly, Asensio further neglected to mention that CCSI's Colormate(TM) TLc-BiliTest(TM) requires a proprietary disposable calibration standard which is used for each test performed to prevent cross contamination between patients and ensure the accuracy of each reading.

There will be a charge for each test performed by the Colormate(TM) TLc-BiliTest(TM) device, in addition to the instrument cost. Without this charge per test, CCSI would only be selling instruments which CCSI has never considered to be the major income potential for this market, nor even included in the existing market estimates stated by CCSI.

Mr. Asensio's statement that the potential market for all bilirubinometers is extremely limited is misleading as he is referring here to the laboratory invasive blood serum test instrument market study for the instrument alone without the charge for each test again.
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