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


To: gamesmistress who wrote (2948)6/11/1998 10:17:00 PM
From: Quad Sevens  Read Replies (1) | Respond to of 5736
 
It was all a misunderstanding: Asensio thought CCSI was addressing the "non-evasive bilirubin market".

Wade



To: gamesmistress who wrote (2948)6/11/1998 10:25:00 PM
From: Roger A. Babb  Read Replies (3) | Respond to of 5736
 
Gina, CCSI pointed out the fact that they expect to make most of their revenues from the "disposable device", not the sale of the instrument, in their rebuttal. By implication, they must expect to sell it for upwards of $20 to meet their $300 million market projection.

If the procedure is non-invasive, I have some trouble visualizing a component that can not be reused unless it is somehow contaminated, damaged, or used up in the process. Also disposable medical supplies tend to be bought cheap on competitive bids. Can anyone comment on this?

Also I think it is misleading to count 90% of all the babies born worldwide as the market. I venture to say that a substantial portion of births take place with no medical care involved and $20 would be financially out of reach for the family to spend on a test procedure, whether or not needed. Obviously the good doctor making that statement has never worked in the 3rd world where a majority of the world's babies are being born.