CMTR-CHEMTRAK FDA OK Message Board

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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: Terrence Von Holidae who wrote (823)	7/9/1997 4:40:00 PM
From: William Presti	of 1172

Before you slam management, be sure you have full knowledge of the events Chemtrak has had to deal with over the course of the past year and why those events have been beyond management's control. Namely, the FDA has not been kind to Chemtrak vis-a-vis approval on AWARE, a nd Astra Merck has moved ever so slowly on giving the green light on Hp Chek. Plus, management had to deal with the effects two mega drug-chain mergers had on purchases of Colocare (which should be getting out to more locations now). Given the limited resources the company has, I would say that management has done the best it could. But not to worry, there should be assorted uplifting news for the stockholders throughout the second half of 1997. As far as Cholestrak goes, I've used it several times and found that once you get past the unfamiliarity of using the test for the first time, it is a snap to use. Has anyone noticed a related product appearing on store shelves called Cholestin? It is a dietary supplement used to reduce bad cholesterol. This would make a nice companion product to Cholestrak. I've already seen the two products displayed along side one another in K Mart. Bill

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