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Biotech / Medical : ACMI - Accumed Inc.
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To: george who wrote (653)12/12/1997 11:04:00 PM
From: Cisco  Read Replies (2) of 1894
 
To all,

I received a communication from AccuMed tonight in answer to two questions we have been discussing on this thread in recent days. The first regarded the implementation of AccuMed's new investor relation program. The second discussed the impact AccuMed would feel if NeoPath received FDA approval to use their AutoPap System as a primary screener. The reply came from Dana Winrow, M.D., Investor Relations, AccuMed International, Inc.

New Investor Relations Program

®We are in the process of implementing a new Investor Relations program at AccuMed that will involve greater communication with the Company's shareholders and the investment community at large. We will soon be offering an e-mail-based mailing list for press releases and other timely Company information. The AccuMed website - accumed.com - will be updated shortly; we plan to make informative documents, such as the transcript of the December 5th conference call and analyst reports, available online.¯

Impact of a Primary Screener

®If NeoPath's device were to be approved by the FDA for primary screening, the need for AccuMed's AcCell/TracCell system will increase. The NeoPath system will necessitate an increase in productivity to reduce the overall cost and to provide more time for quality review, since 70+% of the slides that would be subject to human review following NeoPath instrument processing are considered by the machine to be "suspicious" or of "higher risk".¯

I hope you will find this information helpful.

Cisco
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