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


To: JanyBlueEyes who wrote (4912)2/9/1999 4:41:00 PM
From: Peter V  Respond to of 5736
 
Questions you might want answers to are: "How many units were manufactured?" and "How many units have been ordered?" Although they indicate a price of $10 per lensette, giving the appearance of providing financial information, it's impossible to estimate the revenue stream without the other numbers.

Given the timing of the PR (3:03 pm) and the spike up followed by the subsequent decline in the stock price, it seems the street has those questions as well.

quote.yahoo.com

One more question. How long is CCSI going to negotiate with these distributors? Haven't they been saying this for nearly a year now?

I don't care one way or the other, but this is certainly been an interesting study as to how long a company can string out a product launch. Those invested in the company should be asking these questions.



To: JanyBlueEyes who wrote (4912)2/11/1999 9:32:00 AM
From: JanyBlueEyes  Read Replies (2) | Respond to of 5736
 
NEWS - SHIPPING BEGINS

NEW YORK, Feb. 11 /PRNewswire/ -- Chromatics Color Sciences International, Inc. (NASDAQ:CCSI) announced today that it has commenced shipping the Colormate(R) TLc-BiliTest(TM) Systems to be used in non-invasive monitoring of hyperbilirubinemia for newborn infants. The first hospitals having placed purchase orders for the systems under the Limited Time Offer have been scheduled for in-servicing over the next week and will begin receiving the TLc-BiliTest(TM) Systems this week.

The transcutaneous bilirubinometer has a list price of $3,000 to $5,000 depending on the model, may be leased, or used under the Limited Time Offer for use and evaluation of the System; all with either purchase of minimum monthly supplies of the TLc-Lensette(TM) calibration standards @ $10 per TLc-Lensette(TM) or minimum monthly charges of $10 per use under a Managed Use Program.

Chromatics Color Sciences is in the business of color science and has developed technologies and intellectual properties that it believes have medical applications involving the detection and monitoring of certain chromogenic diseases or disorders such as bilirubin infant jaundice. The Company defines chromogenic diseases or disorders as those diagnosed or monitored by the coloration of the human skin, tissue or fluid being affected.

Medical applications in addition to the detection and monitoring of bilirubin infant jaundice will require additional clinical trials and FDA clearance. The Company's technologies and intellectual properties also have other applications including the scientific color measurement and classification of human skin, certain color-sensitive consumer products, and in determining the color compatibility of such skin and product color classification for use in a variety of industries including the cosmetic, beauty-aid and fashion industries.

Certain of the matters discussed in this announcement contain forward-looking statements......