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Biotech / Medical : CMTR-CHEMTRAK FDA OK
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To: DeadHead who wrote (925)10/13/1997 9:06:00 PM
From: Bill Ounce   of 1172
 
from the Aug 14 10Q on Parents Alert Agreement:

In April 1997, the Company entered into an agreement with Parents Alert to distribute a home drug test kit. Under terms of the agreement, ChemTrak will assume responsibility for nationwide marketing and distribution of the Parent's Alert Home Drug Test Service. In return, Parent's Alert will receive royalty payments and consulting payments from ChemTrak for the use of its name. Product distribution is expected to begin in the third quarter of this year.
Report TOU ViolationShare This Post
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