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Biotech / Medical : Matritech (NASDAQ - NMPS) -- Ignore unavailable to you. Want to Upgrade?


To: Mark C. Hurley who wrote (560)2/13/1998 10:57:00 PM
From: John McCarthy  Read Replies (3) | Respond to of 849
 
Mark -

Welcome to the thread!

Well, I hate to start off by giving you a downer but
I absolutely *agree* with your post.

The bladder test is - great science. Period.

I for one, don't have a clue what the *real* problem is.

I do know (5 yrs+ exp.) a fair amount about the
marketing of consumer products, and therefore, the
importance of being in the right distribution channels,
at least, with respect to certain types of consumer
goods.

I suspect - but am not certain - that this is part of the
problem with the Bladder test. And I also suspect, given
the length of time it took them to realize that they
needed new marketing/management talent, that current
top management is really ill-prepared to run a business;
i.e. their deadbeats. I do not say this lightly or
just to run at the mouth. I *really* mean it.

Lastly, the reason(s) I am hanging my hat on the colon thing
is twofold:

(a) There is no real (as best I understand it) *current* competitor
to this colon test. So, hopefully doctors will embrace it.

(b) By all means, if we can't get in the front door with the
bladder product, lets have it 'tag a long' with the colon
product - BUT ONLY AFTER - the colon product is established.

Regards
John



To: Mark C. Hurley who wrote (560)2/16/1998 9:48:00 AM
From: Wesley0428  Read Replies (1) | Respond to of 849
 
<<<I am new to this site, but not new to Matritech. I read through these folders and there was pretty good information in here.>>>

Welcome. Maybe you should read these folders more closely.

<<< I agree with John that the colorectal cancer product that is in Phase I of FDA clinical trials (4 months now) is the big money maker for this stock.>>>

It's awaiting FDA 510k approval, which would be considered the final approval stage in this case.

<<<But noone should cross off the NMP22 test kit. It is still the best prostate cancer screening test around>>>

NMP22 is a bladder cancer test

<<<I read posts from a while ago with concern over Bayer backing out on Matritech's colorectal test.>>>

Bayer's deal is to automate a cervical cancer test

<<<Don't forget that Bayer has made a large contribution in money to Matritech.>>>

Bayer's financial contribution to Matritech to date is minimal