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Biotech / Medical : Biotech Shorts
XOMA 33.10-0.3%3:59 PM EDT
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To: chester lee who wrote (33)6/24/1997 2:17:00 PM
From: (no name provided)   of 61
 
I have been putting together a summary of Humascan (HMSC). It really is getting too long to post here.

A summary of the summary:

HMSC intends to manufacture and market the BreastAssure Thermal Activity Indicator (BTAI). It has the rights for the US/Canada. The ex-US/Canada rights belong to ScanTek (SKML). The device (which really is a pad) basically a thermographic indicator. It purportedly is able to detect areas of increased temperature on the breast which in turn may indicate cancerous tissue underneath.

BTAI was approved in January 1984, but never marketed. The inventor, Zsigmond Sagi Sr, reacquired the rights through SKML (he is the CEO).

Both HMSC and SKML intend to build manufacturing facilities and those factories will be built by Zigmed. Zigmed is run by Zsigmond Sagi Jr.

Now if these issues don't raise red flags, how about the fact that breast thermography was all the rage in the early '80s. Infrared imaging was thought to be the wave of the future. Unfortunately, it does not work as well as mammography. It is not reimbursed.

In fact, check out www.adone.com/tth/news/110395/col1.html (Sorry this doesn't seem to work anymore, I'll try to find it). This is an interview with breast cancer experts. Therein it states:

"Thermography has long been abandoned as unreliable."

More later,

Kafka666
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