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Biotech / Medical : ACMI - Accumed Inc.

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To: Frank Buck who wrote (583)12/2/1997 10:31:00 AM
From: Frank Buck  Read Replies (1) of 1894
 
Company Press Release
SOURCE: Cytyc Corporation
Harvard Pilgrim Health Care to Offer Cytyc's ThinPrep(R) Pap Test(TM)

BOXBOROUGH, Mass., Dec. 1 /PRNewswire/Cytyc Corporation (Nasdaq:
CYTC - news)announced today that Harvard Pilgrim Health Care will
provide coverage for Cytyc's ThinPrep(R) Pap Test(TM).The ThinPrep
PapTest has been cleared by the Food and Drug Administration as a
replacement for the conventional Pap smear for cervical cancer
screening....etc.


----CYTYC seems to be getting a lot of mileage from
their FDA clearance to use their ThinPrep as a replacement
for the conventional Pap smear for cervical screening.

----Can the FDA rescind their approval if the lawsuits
prove their case against the process?

----The stock is up sharply on this recent news $25
and change! Nice percentage move.

----Let's hope the computer model I posted on December 1st
regarding ACMI is accurate. If it isn't I will definitely
cancel that paid service.

Frank
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