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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: William Presti who wrote (625)4/10/1997 10:22:00 AM
From: William Presti   of 1172
 
Well then it looks like they do have a second HIV test kit in their future. The prospect of a one-step, yes/no, non-instrumented HIV test is most compelling. Should/could make inroads into the 3rd world markets for mass screening, etc, plus I would think it should fare better than the less accurate saliva-based tests. Wish we had some knowledge about how far away introduction would be. I would expect that they would not be seeking FDA approval at this point for an HIV test based on Accumeter technology since the FDA believes that the country is not ready for a self-test of this sort, but there is ample market opportunity elsewhere in the world. This could be quite a product for CMTR.

While picking apart the 10-Ks and 10-Qs (yawn) is really what we need to do for the purpose of guaging our investments, it is always nice to indulge in speculation. We wouldn't be involved in CMTR in the first place if we weren't speculators. Have a nice day, all.

Bill
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