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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI -- Ignore unavailable to you. Want to Upgrade?


To: baggo who wrote (1214)3/6/1998 6:05:00 PM
From: JanyBlueEyes  Read Replies (2) | Respond to of 5736
 
Doctors are much more willing to perform a test/procedure when the side effects/complications are nil.

IMO that statment is correct. The numbers given by CCSI regarding the size of market did not take into account any increased frequency of testing that would occur simply because of the safety, cost-effectiveness and ease of use of the device. Nor did it take into account the "emerging Home Healthcare market".

From techstocks.com - CONFERENCE CALL TRANSCRIPT 9/17/97:

Although the Company and its potential marketing partners believe that future frequency of testing may increase to the extent the non-invasive device may revolutionize the current standard patient care for hyperbilirubinemia and may introduce non-invasive monitoring tests into the emerging Home Healthcare Care market, our conservative assumptions are not based on any increased frequency of bilirubin testing in hospitals and pediatrician offices, nor do they reflect parents' use in the home or a visiting nurse carrying one of the Company's non-invasive monitoring devices.......