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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: scaram(o)uche who wrote (5436)9/30/1998 2:24:00 PM
From: Joe E.   of 6136
 
I see the news quoted below as strongly increasing demand for HIV treatment next year.
The following is from the CDC news summary:

"
"Faster HIV Tests Expected on Market in 1999"
Milwaukee Journal-Sentinel Online (09/30/98); Marchione, Marilynn
New HIV tests that could tell whether someone is infected in less
than 10 minutes--offering consumers more control over learning
HIV status--are currently awaiting approval by the U.S. Food and
Drug Administration and will likely be out on the market in about
a year, according to an official from the Centers for Disease
Control and Prevention. Bernard Branson, a physician from the
CDC's division of HIV/AIDS prevention, discussed the tests at
Wisconsin's annual AIDS/HIV conference on Tuesday, noting that
some tests are as quick as two minutes, cost less than $5, and
use blood from a finger prick instead of blood drawn from a vein.
Branson explained that while the tests are fairly accurate in
ruling out infection with HIV, "false positives are a much bigger
issue," which is why a second, confirmatory test should be done
if the first test proves positive. He also said that a CDC study
to be released this fall found that 50 percent of the people
using HIV home testing kits had never been tested before.""
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