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Biotech / Medical : Vasomedical Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Kip518 who wrote (688)11/11/1997 10:04:00 PM
From: DrJerry  Read Replies (2) | Respond to of 1605
 
ABC news is scheduled to have a blurb on the 11pm new
tonight! The report on NBC was very favorable. Reliable
sources say that Vaso president was interviewed by the
Wall Street Journal and that USA Today was also inter-
viewing Vaso officials. It seems then that the PR boys
have been doing their work and that Vaso understands
that not only is efficacy crucial but that selling the
technology is needed to make the company fly. My view is
that the indications for EECP will be greatly expanded
in the near future (renal disease etc.) and that the
demand for units will increase. I further see miniaturization which will expand the market. Insurers
will be forced to have an across the board policy for
this therapy (likely a "global fee") as demand is
increased especially by the patient population. A company has been formed in NJ to deal with processing claims
from EECP providers and they are currently claiming
an 80% success rate in getting reimbursement. If % return
is your investment goal then take your profits now- if
long term return is your goal then hop on the train and
enjoy the ride!!!!!!