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Biotech / Medical : Calypte Biomedical Corporation (CALY) -- Ignore unavailable to you. Want to Upgrade?


To: Sherman Chen who wrote (188)10/28/1997 11:24:00 AM
From: JanyBlueEyes  Respond to of 381
 
It has been approximately 6 weeks since the FDA gave approval pending labeling. We knew that CALY would have to get additional cashflow from somewhere......so now they have it......let's see what they do with it.

The fundamentals remain intact. Let's recap a little:

-This is the first and only urine based HIV screening & confirmatory test and they already have worldwide distributors set up (see techstocks.com.
The following table summarizes the markets and geographic regions covered by the Company and its distributors for its HIV-1 test.

Company.....Geographic Location...............Markets
Calypte..........United States.....................12 laboratories serving the life insurance,military,
...............................................................immigration and criminal justice markets
Calypte............Canada.............................All
Seradyn............United States................. All but the above laboratories.
Seradyn............Europe, Latin America.....All
.......................Africa, Middle East
Otsuka.............Asia, Australia,...............All
......................New Zealand
Travenol...........Israel...............................All

-from the press release - U.S. FDA Issues "Review Complete" Notice for Urine HIV-1 Confirmation Test 9/18/97 siliconinvestor.com
''We believe that urine sampling is an attractive option to blood sampling in many medical settings, including STD Clinics, anonymous HIV Clinics, hospitals, and doctors' offices. We have also received keen interest in the Urine HIV test from <b.institutional testing sites, such as prisons,'' said Dwaine Ogden, vice president of sales and marketing for Seradyn. ''The availability of a Urine HIV-1 confirmation test, once approved, will make the urine sampling option all the more attractive, and we anticipate a major surge of interest as a result.''

-from siliconinvestor.com
.................blood donors may ultimately have to be screened with urine HIV tests. The FDA has required the blood supply to be screened for HIV subtype O,with only 2 confirmed cases having been known to be missed with existing blood tests. With 14 confirmed cases where blood testing missed HIV-1 positives and a urine test revealed HIV-1 positives, strong evidence already exists that combination testing would be more accurate.........Currently, in the US there are 45-50 million blood bank screening tests performed annually.

Jane



To: Sherman Chen who wrote (188)10/28/1997 11:49:00 AM
From: Cindy Powell  Read Replies (1) | Respond to of 381
 
Greetings Sherman,

CALY is currently 4 3/4 X 4/1/2. I was just listening to a gentleman being interviewed on CNBC who boasts that he has a system worked out for "calling" the bottom in this market, and he feels that biotechs are going to be in the next 20 years, what tech stocks have been during the last 20 years, so that is encouraging. I'm still hanging in there with CALY, Sherman -- I still feel that the best is yet to come, even though we've been on a few roller coaster rides, I think we are going to make some money on this company if we brave out the volatility.