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Biotech / Medical : NTEG- Bloodless Glucose Monitor -- Ignore unavailable to you. Want to Upgrade?


To: nestegg who wrote (144)6/9/1998 12:55:00 PM
From: DryHeat  Read Replies (1) | Respond to of 176
 
If the product works as well as the current sensors I see it replacing them in all applications and costing the same due to insurance company pressure.

How many, and how soon I can not even guess.



To: nestegg who wrote (144)6/10/1998 9:56:00 AM
From: BitWizrd  Read Replies (1) | Respond to of 176
 
As for NTEG potential...

From Volpe Brown Whelan & Co. Equity Research:

"In the United States alone, we estimate more than 8.8 million people have been diagnosed with diabetes and approximately an equal number have the disease but have not yet been diagnosed. [W]e forecast that the worldwide market [for BGMs] will grow to $5.9 billion in 2002.

"We believe the LifeGuide system will make a limited impact in the diabetes marketplace due to the system's marginal improvement in invasiveness and convenience over current finger-stick methods."