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Biotech / Medical : Biotech Valuation
CRSP 56.00+8.5%3:59 PM EST

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To: Biomaven who wrote (1716)9/21/2000 11:13:52 PM
From: IRWIN JAMES FRANKEL  Read Replies (1) of 52153
 
CDIC

I was on the CC this morning. It did not add much to the PR.

Here are a couple of significant items:

- They have introduced improved and proprietary sensors for BioZ (the proprietary nature should increase revenue since clinics were using non-CDIC provisioned sensors)

- A questioner asked about cash flow. The answer got to operating cash flow which was said to be $500,000 per month or $1.5 million per quarter. It was not clear but I took it to be a negative cash flow of $1.5 million per quarter.

There is a replay number posted on the Yahoo thread but Yahoo is not responding now or I would have retrieved it.

I would have liked to ask if when they suggest an addressable market size of $5 billion for BioZ equipment and $800 million per year in associated disposables if they had assumed an increase in procedures due to the radical cost reduction associated with using BioZ vs. PAC.

Warning: I bought this thing when PS sucked me in. <G>

ij
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