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Biotech / Medical : IMAT - ultrafast tomography for coronary artery disease

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To: John R Resseger who wrote (3497)6/8/2000 12:28:00 AM
From: TA2K   of 3725
 
Read this post extra carefully

Impact of AHA/ACC Statements on IMAT
by: geoduc49 6/8/00 12:12 am
Msg: 23320 of 23321

Major Statements on medical value/suggested uses for EBCT are published at infrequent intervals by these mainstream professional medical organizations and can have great impact
on IMAT sales/stock price. The overly-cautious September, 1996 AHA Medical/Scientific Statement "Coronary Artery Calcification: Pathophysiology, Imaging Methods, and Clinical Implications" put the brakes on IMAT big time. It appeared that Heartscan Imaging was being positioned to take advantage of an enthusiastic Scientific Statement. Had the Statement been strongly positive, IMAT would have been rolling in dough instead of diluting stock to keep going. The 96 Statement was ambiguous on the-then present value of EBCT, recommended further study and against screening of asymptomatic populations; an expanded role for EBCT was put off into the future.

It's now 4 years later and a lot of new data has been collected on the implications of coronary artery calcification. More prominent and respected members of the medical community
are setting up EBCT clinics. The scanners and software have improved. IMAT management has done a great job with limited resources getting the word out that EBCT is second-to-none, cutting edge medical imaging technology with more FDA-approved uses for the scanner besides quantifying calcium. So, a convoluted, less-than-positive AHA/ACC Statement should cause no more than moderate damage to IMAT. A positive Statement should make IMAT a more valuable commodity as investor confidence is bolstered by realistic expectations that scanner sales are going to keep rising year-after-year. A bit of enthusiasm in that AHA/ACC Statement might even cause some investor fireworks around the 4th of July. Mark your calender:

ACC EXPERT CONSENSUS DOCUMENTS IN PROGRESS

Electron Beam Computed
Tomography (EBCT) for Detecting
Coronary Calcification (New)
To be published July 1 JACC
and July 4 Circulation
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