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Biotech / Medical : Matritech (NASDAQ - NMPS)

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To: John McCarthy who wrote (561)2/15/1998 8:33:00 PM
From: John McCarthy  Read Replies (1) of 849
 
Colon reminder .........FYI

Info from NMPS ...........

Market Size - Body Counts
-------------------------------
Colorectal cancers are the second-leading cause
of cancer-related deaths in the United States
killing more than 55,000 people each year. The company
estimates that the prevalence of colon cancer outside
the United States exceeds 1.5 million people.

Existing Colon test
----------------------------------
showed that Matritech's diagnostic assay for
colorectal cancer was more than twice as sensitive
as the only FDA-approved, blood-based colon cancer
clinical assay, carcinoembryonic antigen assay (CEA)
in identifying early-stage colorectal cancer
(Dukes A, B1,B2).

The study demonstrated CEA to be only 33 percent sensitive
(8/24) in identifying patients with early-stage colorectal cancer.

The Matritech test was 71 percent sensitive (17/24) in identifying early-stage colorectal cancer.

WW Market Size - $ Size
--------------------------
Annual worldwide sales of CEA are estimated by
Matritech to exceed $100 million in sales.

Per Bill's post, we're coming to bat soon.

Regards,

John
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