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Biotech / Medical : BICO & VITK
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To: Terry D. who wrote (2167)10/9/1998 9:07:00 PM
From: Tom R. Jones  Read Replies (1) of 2395
 
Terry, Here is the exact quote from the article from Forbes:

"Biocontrol Technology, in Pittsburgh, Pa., is another company with a hyped product. It makes an infrared-light-based device called the Diasensor 1000. The Food &Drug Administration has twice refused to approve its sale because it was accurate on only a handful of people. Biocontrol boasts that the device has been approved for sale in Europe, but it has so far sold exactly seven of the machines, at $9,000 apiece. "

Bico's financials for the 3rd quarter should be out in about a month.

Tom
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