CMTR-CHEMTRAK FDA OK Message Board

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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: John T. Hardee who wrote (927)	10/14/1997 12:37:00 AM
From: Amigo Mike	of 1172

CMTR will move higher. Consider this. Astra Merck paid $2.4 million to CMTR two weeks ago. That's .50 per share plus CMTR can sign with other companies now to market the H Pylori test kit. There are approx 8 million test done yearly in the US for H pylori. The test is an endoscopy(sp) which is invasive and costly. CMTR test kit is non invasive and can be done during a doctor visit with near immediate results. Then CMTR inks a deal with CVS for the home drug test kit. This kit was likely the subject of the 20/20 story last week. Parental empowerment in the war on drugs could make this kit a very big deal. My guess is that these two deals are worth about $1.50 alone to the share price. Looking for CMTR to pick up another distribution channel .... for both drug test kit and h pylori kit shortly. Mike

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