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Biotech / Medical : ARADIGM CORP. ARDM
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To: software salesperson who wrote (52)1/17/2000 3:18:00 PM
From: JMarcus  Read Replies (2) of 255
 
At the 11/20/1999 Informed Investors Forum Kellie Seringer, Biotech Analyst of Evolution Capital, was effusive in her praise of ARDM. The rebroadcast of her comments may still be available at broadcast.com (I forget how long they keep the archives).

In contrasting ARDM's technology to INHL's she made the following points: (1) ARDM's device keeps an electronic record of each administration; physicians will love this feature, because they can download the data and monitor exactly how the patient is taking his/her medication; (2) ARDM's device has an electronic lock-out feature (this was a big factor in Kellie predicting that ARDM's product for breakthrough pain, using a regulated substance, will eclipse Anesta's product); and (3) ARDM's devise allows for precise calibration of the dosing; INHL requires the user to purchase and use the entire amount of one or more prepackaged doses in cartridges--the entire contents of the cartridge is used upon an application: you can't set the device for a partial dose. There is a workaround, but it is not very convenient. I.e., if you need three units and the cartridges come in one unit and five unit sizes, you can separately administer to yourself three one-unit cartridges. With ARDM's device, you can calibrate the dosing precisely.

There may have been additional features that Kellie liked about ARDM, but these are the ones that I remember.

Marc
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