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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: Larry Hartman who wrote (119)12/5/1996 6:21:00 PM
From: Art Baer   of 1172
 
I agree that more could be around the corner, but i looked into this announcement. Did you know that Astra-Merck has a domestic sales force of 800 people? With the addition of this new distribution channel it will only add to the results. IMO this is very positive. It is hard to get a company to put it's full force behind a product. With this new alliance ChemTrak has accomplished just that.

Another reason ChemTrak might not have released anything is because they were surprised by the announcement themselves. As is they weren't even really involved in the deal. But then again, maybe they did know all about it and more.

As Always,

Art
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