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Biotech / Medical : CMTR-CHEMTRAK FDA OK -- Ignore unavailable to you. Want to Upgrade?

To: r q lad who wrote (995)	1/27/1998 2:19:00 PM
From: surfinSteve	Read Replies (1) \| Respond to of 1172

Good News gang!!! Company Press Release...ChemTrak Achieves National Retail Coverage For Its Home Test Products With Rite Aid Contract The link is: biz.yahoo.com Here's the start of the story: SUNNYVALE, Calif.--(BUSINESS WIRE)--Jan. 27, 1998--ChemTrak Inc. (Nasdaq:CMTR - news) Tuesday announced that Rite Aid Corp. will stock ChemTrak's full range of home diagnostic tests at its more than 4,000 drugstores. As a result, ChemTrak products now are available in all 50 states and carried in more than 20,000 stores. The full range of ChemTrak products -- CholesTrak Home Cholesterol Test, ColoCARE Home Test to Detect the Early Warning Signs of Colorectal Disease and Parent's Alert Home Drug Test Service -- will shortly be available at 10,000 chain drugstores. ''Full retail coverage throughout the U.S. is a critical milestone in our ability to successfully capture our share of the estimated $1.5 billion home test market. We are particularly pleased that our Parent's Alert product, introduced at the end of October, is available at more than 10,000 locations,'' said Edward F. Covell, president and chief executive officer.