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


To: John Zwiener who wrote (751)12/21/1997 4:50:00 PM
From: Cisco  Read Replies (1) | Respond to of 1894
 
John,

Just for clarification, are you talking about the insider trading on CYTC and their article in OB/GYN supporting ThinPrep's FDA approval?

I just want to make sure I am responding to right assumptions.

Cisco



To: John Zwiener who wrote (751)12/22/1997 12:57:00 AM
From: Cisco  Respond to of 1894
 
John, (First of three posts)

All I can tell you John is why I continue to hold several thousand
shares of ACMI. Much of the following information is taken directly
from SEC filings and information publically disseminated by AccuMed.

I. It is a multi-faceted company with leading edge products
continuing to be rolled out.

a. Microbiology Divison

1. AlamarBlue: a non-toxic cell growth and cytotoxicity
indicator dye.

2. AccuMed Sensititre System: a fully automated bacterial
susceptibility and identification system with emphasis
on flexibility, true MIC panels, automated inoculation,
automated reading, cost-effective, and rapid organism
identification with fully automated reports.

3. AccuMed ESP Culture System II: provides non-invasive
continuous monitoring of cultures with walkaway
automation for blood culture, body fluid testing, and
mycobacteria testing. They recently announced that they
are first to be cleared by the FDA for use with DNA
probes for more rapid mycobacteria identification.

4. AccuMed AccuZone: a fully automated Kirby-Bauer reader
is being launched first quarter of 1998.

5. Flourotone 48: another diagnostic microbiolocial test
panel with an automated reader in development.

6. RISE & PZA Kit: susceptibility tests for Mycobacterium
tuberculosis currently before the FDA waiting for
clearance.



To: John Zwiener who wrote (751)12/22/1997 1:01:00 AM
From: Cisco  Respond to of 1894
 
John, (Second of three posts)

b. Cytopathology Divison

1. AcCell 2000: an interactive computer-controlled slide
handling and precision microscopy workstation supported
with comprehensive data management capabilities. The
AcCell can be linked to the gynecologist's office and
to the laboratory's internal information system in order
to provide computerized support, from time of entering
patient information when the specimen is taken through
the time of generating reports at the laboratory and
doctor's office and finally to billing of the patient or
payor.

2. AcCell 2001: an AcCell workstation with an automated
cassette slide loading and unloading system which
handles upto 30 slides per cassette. Several
workstations can be networked together within a single
laboratory.

3. MacroVision: a proprietary image enhancement system
which can be attached to the AcCell platform.

4. The company is currently developing a proprietary
telepathology software which would enable the AcCell
workstation to be operated remotely using the
MacroVision product.

5. TracCell 2000: a pre-screening, mapping and slide
handling product designed to identify and create a
computerized map of vacant space, blood, mucus, and other
non-clinically relevant material as well as determining
if samples are properly stained and has sufficent
material to be statistically significant. The TracCell
2000 is designed to be used before the slide is reviewed
using the AcCell 2001. A single TracCell is designed to
support up to five AcCell 2001 instruments.

6. TracCell 2500: a second generation TracCell which will
eliminate not only empty space, debris and other material
eliminated by the TracCell 2000, but will also eliminate
certain normal cellular material. Amendment is to be
filed with the FDA for approval during first quarter of
1998.

7. Oncometrics' research is currently developing an
instrument capable of isolating a small variation in
cell nucleus DNA, which assists the cytotechnologist in
detecting lung cancer in early stage of development and
possibly even in a precancerous state. Oncometrics
believes that its technology may be potentially applied
to other types of cancer, such as cervical cancer.
Several prototypes are currently being tested by
scientists and cancer research institiutions.



To: John Zwiener who wrote (751)12/22/1997 2:50:00 AM
From: Cisco  Respond to of 1894
 
John, (third of three)

II. AccuMed has demonstrated increased productivity and improved
screening of monolayer slides.

III. ACMI has an extremely low price to sales ratio.

IV. ACMI market cap is currently less than what analysts are
projecting as sales revenues in 1998.

V. Analysts have ACMI being profitable by third quarter 1998.

VI. Peter Gombrich has a proven track record. He co-founded
St. Jude Medical, Inc. which within the last year had a
market cap as high as $3.9 billion. He also founded CliniCom,
Inc. which was sold in 1995 for about $60 million.

BTW: I understand that the Pathfinder system which Cytyc plans to
use is just a simple mapping system. If that is the case, it is
much more limited than the total system which AccuMed is putting
forth.

Cisco