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Biotech / Medical : Matritech (NASDAQ - NMPS)

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To: William J. Leiby who wrote (569)2/18/1998 1:23:00 PM
From: Wesley0428  Read Replies (2) of 849
 
Quick notes from conference call:

Appears NMP-22 sales have bottomed. Expect revenue growth from here. Journal of Urology piece will help. New distributor should be finalized (and named) by end of Q1 (delay is to allow management of transition for existing customers). Collecting clinical data to apply to FDA for approval as a "screening" diagnostic, hope to submit to FDA by end of year.

NuMa colerectal working its way through FDA 510k process. They expect it to get approved in the first half of 1998. That's later than I'd hoped.

Cervical- Bayer evaluating the data. Have until July to decide. Matritech looking to partner with someone on manual versions of this test, which would initially be targeted towaed resolving "tough" cases. Doesn't sound like any silver bullet.

Breast - prototype complete. Expect to conduct pre-clinical trials this year.

Prostate- Looking at developing a blood based version which would overcome some of the weaknesses of PSA

General - looking to establish some type of partnership with multiple "automated system" manufacturers.
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