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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: Brian H. who wrote (943)10/17/1997 11:58:00 AM
From: DeadHead   of 1172
 
Brian,

Unfortunately, the one-time payment from AM made up most of CMTR's revenues this last quarter. Without it, they would really be in trouble. Still, I too am confident that they'll find another distribution channel for their HP test.

I believe the reason AM backed out of the distribution agreement was because the HP test really does very little to promote Prilosec, which is used to treat ulcer symptoms, and does not rid the patient of the HP bacteria, which we now know is the underlying cause of the ulcer. Like most drug manufacturers, AM has no economic reason to promote a cure for an illness from which they profit treating the symptoms.

I was wondering why AM was planning to bundle the CMTR HP test with Prilosec last year when my wife was diagnosed with HP and was prescribed both Prilosec and antibiodics. The antibios were to be taken several times a day and the Prilosec was to be taken only when she experienced pain. My wife never took a single Prilosec and her HP went away using the antibios alone. If her doctor had only prescribed Prilosec, she would probably still be taking it today and for years to come. At $100+ per bottle, that would have been some nice revenue for AM.
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