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Biotech / Medical : BICO & VITK

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To: Stepper who wrote (2069)7/29/1998 7:26:00 PM
From: Tom R. Jones  Read Replies (1) of 2395
 
Stepper, I would strongly recommend that you go to the FDA site and read the information on BICO's last big FDA meeting. The information clearly indicates that the Diasensor did not have ANY real degree of reliability.

After you read that info, call the company and ask what improvements were made to the Diasensor after that FDA meeting. Also, ask about the calibration process.

I don't think that FDA approval is all that important right now. If the machine has been improved and is viable, sales in Europe should reflect the Diasensor's REAL value.

Even with FDA approval, BICO has to sell the units and assuming they can do that, there is still the problem of up to 600 million shares of stock!

Regards, Tom
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