Chromatics Color Sciences International. Inc; CCSI Message Board

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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI

CCSI 25.01

-16.0%

Nov 6 3:59 PM EST

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To: Peter V who wrote (3468)	6/23/1998 11:22:00 PM
From: JanyBlueEyes	Read Replies (1) of 5736

Maisels did not agree with the market numbers - he thinks it's larger! From the size of market news release 9/97: "The company estimates that individual bilirubin blood tests on newborn infants (heelsticks), which are not part of a general panel blood test, total approximately 15,000,000 tests performed annually in the United States...." From CCSI's response to Assensio's false allegations: 2. CCSI's market size estimates are based on an exaggerated estimate of the number of bilirubin tests performed per year. Dr. Maisels' response is: "In reviewing market studies submitted in business proposals by international medical companies negotiating with CCSI for the Colormate(TM) TLc-BiliTest(TM) distribution, I have found the estimated number of bilirubin tests in the United States to be over 16,000,000 annually."

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