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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 28.71-2.4%Nov 4 3:59 PM EST

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To: max who wrote (1668)4/4/1998 1:17:00 PM
From: JanyBlueEyes  Read Replies (1) of 5736
 
LED Device

From the Annual Report (10K) Filed on March 30,1998

The Company has completed both the new housing and related packaging for its Colormate(TM) Bilirubin Device. The Company also recently completed development of the Bilirubin LED Device that could be used for monitoring bilirubin infant jaundice, subject to additional clinical testing and possible further FDA review and clearance. The Company recently received IRB approval from Mt. Sinai Hospital, Elmhurst Hospital and William Beaumont Hospital to commence clinical trials of the Bilirubin LED Device.

For non-medical applications, the Colormate(TM) LED Device may be marketed in various industries including the dental, beauty aid and fashion industries and also may be marketed directly to consumers for home and personal use. The Company expects the new LED versions will also be capable of being manufactured at a cost substantially less than the cost incurred in manufacturing the Company's existing Colormate(TM) units.
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