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Biotech / Medical : Calypte Biomedical Corporation (CALY)
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To: Findit who wrote (373)8/25/2000 2:56:08 PM
From: DJBEINO   of 381
 
calypte biomed, was recently spoken on BLOOM during
Bloomberg Television.

calypte biomedical.they make h.i.v. diagnostic tests.they've gotten the ok to sell its urine test in china.the most heavily traded stock onany exchange today and the shareprice has more than tripled thissession.earlier i spoke with bloomberg news reporter kristin reed.she covers the industry for us and has this to say about the company's coup.>> the test is urine-based.that may seem like a small distinction in addition to being easier to administer, not requiring various blood tests tobe taken, urine doesn't need to be refrigerated, you don't need specially trained personnel to administer the tests and this makes it a much more viable screening device for countries like china and south africa where calypte has the rights to sell the test.that's the reason for the excitement
tveyes.com
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