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Non-Tech : GENI: GenesisIntermedia.com Inc
GENI 10.22+0.1%Nov 7 9:30 AM EST

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To: StockDung who wrote (402)12/2/2001 1:18:54 AM
From: blebovits   of 574
 
SEC Investigates Home Anthrax Kits

MATTHEWS, N.C., Dec 01, 2001 (AP Online via COMTEX) -- A company that planned to sell home anthrax-testing kits is under investigation by federal authorities and says it will stop marketing the tests during the probe.

"We are suspending any efforts to market the product," Vital Living Products said in a statement Friday. Calls to both the company and president Donald Podrebarac's home Saturday were not immediately returned.

Vital Living Products confirmed Friday that it is under investigation by the Securities and Exchange Commission. The FBI raided its offices and a related New Jersey lab on Thursday.

Vital Living caught national attention soon after the first mail-borne cases of anthrax were detected by announcing it would sell the first over-the-counter anthrax test kit. By early November, the company said it had received more than $150,000 worth of orders.

But Public health experts raised questions about the reliability of a home test kit and said inaccurate results could create panic.

Vital Living had said a New Jersey lab, Sani-Pure Food Laboratories, confirmed the reliability of the test kits but the company backed off that statement Friday, saying that Sani-Pure's report included inaccurate information. The SEC has subpoenaed the report.

Copyright 2001 Associated Press, All rights reserved
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