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Biotech / Medical : Swissray Intl. Inc. (SRMI) -- Ignore unavailable to you. Want to Upgrade?


To: Judy Helkowski who wrote (401)4/16/1998 12:37:00 PM
From: SIer formerly known as Joe B.  Read Replies (1) | Respond to of 763
 
Digital imaging is a broad term.
This is excerpted from a SRMI release:

Swissray plans to market the AddOn-Buckyr in the United States as part of its
AddOn-Multi-System, a complete multifunctional digital X-ray system which performs most
general X-ray applications. FDA approval for the complete system is pending. As all other
components of the AddOn-Multi-System have already received FDA approval, we expect
that market approval for the entire system should be forthcoming shortly" said Michael
Baker, Chief Executive Officer of Swissray Information Systems, who is supervising the FDA
approval process for the Company. Digital imaging technology, such as computed
tomography, nuclear medicine, magnetic resonance imaging, ultrasound, digital subtraction
angiography and certain fluroscopy systems, has been in use for a number of years for
specific diagnostic applications. But an estimated 70%
of all diagnostic examinations are still
performed using conventional radiography with traditional screen-film systems.

So 30% of diagnostic exams use digital imaging. This still leaves
SRMI a huge market. All I'm getting at is when you hear digital
imaging you can't just assume it's SRMI.



To: Judy Helkowski who wrote (401)4/16/1998 4:42:00 PM
From: George Yorg  Read Replies (2) | Respond to of 763
 
Hi Judy,
We have been fairly quiet on this message board for the past few weeks. Swissray is not a word of mouth just yet. That broker to whom you spoke was referring to Sterling Imaging. Strangely enough about two months ago a writer for the Philadelphia Inquirer wrote a syndicated column on the future of digital xray in which he touted Sterling as being the foremost in the business and would beftirst out with the product. He went to great lengths to mention all the other firms around the world who were working on digital xray but failed to mention Swissray at all. His article was published a month after the RSNA show to which he had also referred to so I infer that the omission was not inadvertent.
Sterling is quite close now to having full approval. If you go to the Yahoo message boards re SRMI, you can find out quite a bit about the competition from Sterling.
Regards,
George Yorg