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Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 0.750-5.1%Jan 2 9:30 AM EST

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To: gbull who wrote (3055)11/19/1996 11:30:00 AM
From: Eric Jacobson   of 14328
 
<Beacon Diagnostics Launches Saliva-Based
OraScreen HIV Rapid Test in the Caribbean;
Company Also Signs Manufacturing
Agreement in Preparation for U.S. Trials

Source: Business Wire

FOSTER CITY, Calif--(BUSINESS WIRE) via Individual Inc. -- Beacon
Diagnostics Inc., an emerging developer of non-invasive diagnostics, today
announced that it has begun marketing its first product, OraScreen HIV
Rapid Test, for detection of antibodies to HIV in saliva, in the Caribbean.

The test is being sold by Beacon's regional distributor, The Oduber Agencies,
both to medical providers and over-the-counter for personal home use.

OraScreen HIV Rapid Test is a simple, multi-step dipstick system that can be
performed in the physician's office or at home in 15 minutes, without the need
for technical training, instruments or a laboratory. Unlike the new mail-in
blood tests that were recently introduced in the United States by Johnson &
Johnson and Home Access Health Corp., the OraScreen HIV Rapid Test uses saliva,
provides immediate results and costs a fraction of the mail-in, blood-based
products.

"We decided to initially release the OraScreen test in a relatively small
geographic area in order to control the launch and prepare our distributors
for future worldwide marketing," stated Jerome Mattingly, Ph.D., President
of Beacon. "The market in the Caribbean is also unique, due to the area's
extensive tourism. This launch will provide health care professionals,
tourists and local consumers with access to the test."

U.S. Clinical Trials Planned

In preparation for U.S. testing, Beacon announced that it has signed a
manufacturing agreement with Continental Laboratory Products of San Diego
for production of the OraScreen HIV Rapid Test. Beacon plans to begin FDA
related clinical trials of the saliva-based HIV test in the U.S. in early 1997.
In the U.S., Beacon will seek approval to market the test to professional
health practitioners. Later in 1997, Beacon expects to seek FDA approval to
market a "Mail-In" version of the test for home use.

The Continental Laboratory Products agreement will provide Beacon with
access to a GMP production facility, located in Tijuana, Mexico. This facility
has been approved by the Food and Drug Administration and can be used to
manufacture HIV tests for the U.S. market. Beacon also recently has
commenced manufacturing its product in Genelabs Diagnostics' ISO 9000
approved facility in Singapore.

"Our strategy is to use multiple contract manufacturing sites around the world
to ensure an adequate and reliable supply of the OraScreen HIV Rapid Test.
In addition, this strategy allows us to conserve capital we would otherwise
spend on factories and use it to accelerate new product development,"
Mattingly said. The Company has already received more than $36 million in
purchase commitments from its first seven distribution agreements.

Beacon Diagnostics Inc. develops, manufactures and markets diagnostic
products for the rapid detection of antibodies and antigens in noninvasive
specimens, such as saliva. The Company's first product, OraScreen HIV
Rapid Test, is a dipstick system for the detection of HIV in saliva.

In addition to the OraScreen technology, the Company has in development
three other platform technologies to expand its range of diagnostic
products using non-invasive specimens. The first is a new Antigen Detection
technology for detecting several cancers, including colon, prostate, ovarian
and breast cancers.

The second is a "Mail-In" test format that is a hybrid between the OraScreen
technology and the ELISA technology normally used in a clinical laboratory.

The third is the LIDA technology, a novel homogenous phase platform
technology being developed for use in detecting either antigens or antibodies.
The LIDA technology is being developed to produce one-step, point-of-care
tests and may be licensed to manufacturers of clinical chemistry analyzers to
allow detection of antigens and antibodies using automated instruments.

CONTACT: Beacon Diagnostics Inc. | Jerome Mattingly Ph.D.,
415/574-4800

[11-18-96 at 15:45 EST, Business Wire]>
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