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Biotech / Medical : INVI Invitro International -- Ignore unavailable to you. Want to Upgrade?


To: rodster397 who wrote (418)6/3/1998 1:57:00 AM
From: BigAppleBoy  Respond to of 486
 
Here is a little info about the product that INVI makes.It was taken from their homepage.

"Who Are Your Competitors With Regard To Your Core Product Line?"
Although there are probably less than a handful of competitors in the field of in vitro (non-animal)
irritancy/toxicity testing (Advanced Tissue Sciences `ATS' - manufacturer of Skin2 - recently
discontinued the manufacture and sale of its product), all of them are living cell-based systems. This
means that, in comparison to InVitro's technology, they are more expensive, the shelf life is much shorter
and the results correlate no better. Quite frankly, our biggest competitors are prospect companies which do
not test AT ALL. We also know that there are companies out there using pH to determine corrosive levels
of their hazardous materials in an effort to comply* with Department of Transportation regulations. Yes, a
box of pH strips is very inexpensive and the cost to have an outside laboratory run a pH test is also less
expensive than a Corrositex test; however, these companies are not aware that pH oftentimes
overclassifies materials, thus significantly increasing costs for cumulative packing, shipping and
insurance. In these instances, InVitro International has saved businesses who will listen lots of money.

*pH testing is NOT approved by the Department of Transportation(DOT) for the classification of
corrosive levels of hazardous materials -- as you know, Corrositex is approved by the DOT for this
purpose.



To: rodster397 who wrote (418)6/3/1998 2:03:00 AM
From: BigAppleBoy  Read Replies (1) | Respond to of 486
 
Some more info from the CEO
In reviewing current opportunities for INVI, Ulmer indicated that the recent increase in Department of Transportation
enforcement personnel appears to have spurred more interest in Corrositexr testing in the United States; in addition, INVI's
agents and partner laboratories in both Asia and Europe have developed several new business opportunities for the
Company's Irritection Assay Systemr during the last year. Ulmer commented, "InVitro International has demonstrated a
mental toughness and shown its ability to stay on course under difficult circumstances; we continue to believe that we are
ahead of our time both with the non-animal testing core business as well as with the infant safety and identification product,
Guardian DNA." He continued by saying, "with the November 1997 United Kingdom legislation preventing future new
finished cosmetics from being tested on animals, there is potential for more demand for non-animal test methodologies such
as INVI's Irritection Assay System in its Ocular and Dermal forms."