Navigation Links
Chembio Provides Business Update
Date:1/3/2012

MEDFORD, N.Y., Jan. 3, 2012 /PRNewswire/ -- Chembio Diagnostics, Inc. (OTC.PK: CEMI and OTC.QB: CEMI), which develops, manufactures, markets and licenses point-of-care diagnostic tests, is providing this update regarding 2011 developments in the fourth quarter and an updated outlook for 2012.

 

  1. 2011 Revenues - Chembio once again achieved record revenues based on record product shipments during the second half of the year.  Audited financial results will be reported in March. 
  2. 2012 Outlook - We are starting off 2012 with a very strong backlog.  We have received the 2012 forecasted demand from the Oswaldo Cruz Foundation (FIOCRUZ) of Brazil. Based on that, combined with conservative assumptions for the rest of our business, we anticipate that our 2012 revenues will  increase significantly over those of 2011.
  3. DPP® HIV Clinical Study - We are encouraged by the results we have had, as they continue to support approval on oral fluid, finger-stick whole blood, venous whole blood, serum and plasma samples. However, we are about three months behind our previously anticipated schedule.  This is primarily due to delays that occurred because our final clinical trial sites did not receive their Internal Review Board (IRB) approvals when they were expected and because of the slower pace of recruitment of known positive pediatric patients. As a result, the recruitment and testing of approximately 200 patients in our 3,000-patient study did not occur by year-end as we had previously anticipated.  Instead, we now expect the clinical trials to be completed by the end of the first quarter of 2012. Therefore our anticipated timeline, based on this delay, is now that we can submit our Module III to the FDA during the second quarter and, based on statutory FDA timetables, we could get FDA approval sometime between the fall of 2012 and early 2013.  W
    '/>"/>

SOURCE Chembio Diagnostics, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine technology :

1. Chembio Reports 3rd Quarter 2011 Results
2. Chembio to Host Conference Call to Discuss 3rd Quarter 2011 Financial Results
3. Chembio Diagnostics CFO Richard J. Larkin Among the Recipients of "2011 CFO of the Year" Award from Long Island Business News
4. Medical Alarm Concepts Releases Initial Cut of New Television Commercial Scheduled for January Airing - Provides Investor Update
5. CareFusion Provides Update on Previously Announced Ventilator Recall
6. Generex Provides Update on Bloomberg TV Breast Cancer Vaccine Segment
7. PDL BioPharma Provides Fourth Quarter 2011 Revenue Guidance of $72 Million
8. Onyx Pharmaceuticals Provides Update on Carfilzomib at 53rd American Society of Hematology Annual Meeting
9. Big Blue Test 2011 Provides Life-Saving Insulin and Supplies to More Than 8,000 People in Need
10. Lilly Provides Additional Funding to Infectious Disease Research Institute to Identify New Tuberculosis Therapies
11. Linking EudraCT and ClinicalTrials.gov Records Provides Huge Benefit
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/24/2015)... 24, 2015  Bayer Corporation hosted its annual "Take Your ... Bayer HealthCare US headquarters.  This is Bayer,s second "Take Your ... Whippany campus, and Thursday,s event welcomed 230 children ... at work. Fortunately, for the kids, this was ... whose mission is "Science For A Better Life," Bayer made ...
(Date:4/24/2015)... , April 24, 2015 In today,s ... employee groups around the world to access diverse ... hours. While there are many areas to misstep ... examine which best practices are necessary and beneficial ... According to research by benchmarking firm, ...
(Date:4/24/2015)... and Markets ( http://www.researchandmarkets.com/research/pmbmv2/global_biobanking ) has announced ... report to their offering. The analysts ... CAGR of 7.07% over the period 2014-2019 ... segments: Equipment and Consumables. This report covers the present ... market for the period 2015-2019. ...
Breaking Medicine Technology:Bayer Hosts "Take Your Child to Work Day" 2Bayer Hosts "Take Your Child to Work Day" 3Bayer Hosts "Take Your Child to Work Day" 4Work Around the Clock: Building Effective Global Capabilities 2Global Biobanking Market Report 2015-2019 - Increase in Strategic Collaborations with Beckman Coulter, Tecan & Thermo Fischer Scientific Dominating 2
... May 2, 2011 NewCardio, Inc., (OTC BB: NWCI) a ... prestigious NYC Bright Lights Conference at the Le Parker Meridien ... of its kind with an exclusive focus on publicly traded ... will present on May 10, 2011 at 9 a.m. ET. ...
... Fla., May 2, 2011 The Unilens Vision Inc. ... of Directors today declared a quarterly cash dividend of $0.045 per ... record at the close of business on May 13, 2011. ... Specialty Contact Lens Company" Established in 1989, Unilens ...
Cached Medicine Technology:NewCardio to Showcase Cardiac Diagnostic Technology at MDB Capital's Bright Lights Conference in New York City on May 10, 2011 2NewCardio to Showcase Cardiac Diagnostic Technology at MDB Capital's Bright Lights Conference in New York City on May 10, 2011 3NewCardio to Showcase Cardiac Diagnostic Technology at MDB Capital's Bright Lights Conference in New York City on May 10, 2011 4Unilens Vision Inc. Declares Quarterly Cash Dividend of $0.045 Per Share 2
(Date:4/27/2015)... OR (PRWEB) April 27, 2015 Climate ... Their accuracy depends on the number of variables used ... Recently, two noted scientists, water researcher Gerald Pollack, PhD, ... Kleyne Hour™ Power of Water® radio show, noted three ... simulations. , None of these individuals dispute that ...
(Date:4/27/2015)... 2015 The WeedLife Network has ... problem that has been troubling cannabis businesses with ... by announcing the launch of WeedLIVE, the first-ever ... , Officially launched today, WeedLIVE.com is designed specifically ... index only marijuana-related business websites. , WeedLIVE deals ...
(Date:4/27/2015)... 2015 The Radiology Business Management ... with applied business information and intelligence, is proud to ... email newsletter for its more than 2,000 members. , ... legislative news sources in that it is exclusively devoted ... of radiology. The newsletter is produced in cooperation with ...
(Date:4/27/2015)... IL (PRWEB) April 27, 2015 Pure ... launch of its brand new website design at ... list of the company’s product catalog, both featured and ... Natural blog ( http://www.purennatural.com/blog/ ). , Pure n Natural ... and satisfying shopping experience. The website is neatly organized ...
(Date:4/27/2015)... Portland, Ore. (PRWEB) April 27, 2015 ... Ben Albert has joined its team as ... division, an area focused on investing in and building ... care system. In his new role, Albert will be ... transforming health care so that it is both economically ...
Breaking Medicine News(10 mins):Health News:Global warming: Computer weather models flawed report Climatologist, Water Researcher on Sharon Kleyne Hour™ radio show 2Health News:Global warming: Computer weather models flawed report Climatologist, Water Researcher on Sharon Kleyne Hour™ radio show 3Health News:The WeedLife Network debuts its ground-breaking WeedLIVE cannabis industry search engine 2Health News:The WeedLife Network debuts its ground-breaking WeedLIVE cannabis industry search engine 3Health News:Radiology Business Management Association Launches Weekly Legislative and Policy Newsletter 2Health News:Pure n Natural Systems, Inc. Launches New Website Design 2Health News:Pure n Natural Systems, Inc. Launches New Website Design 3Health News:Cambia Welcomes Ben Albert as Operating Partner 2Health News:Cambia Welcomes Ben Albert as Operating Partner 3
... BASKING RIDGE, N.J., Sept. 9 Regado Biosciences, a ... aptamers with active control agents, announced that on September ... Phase 2b, randomized, partially-blinded, multi-center, active-controlled, dose-ranging study of ... was achieved. REG1 comprises the selective factor IXa ...
... STOCKHOLM, September 9 Karolinska ... company that will commercialize its,dermatology and wound healing opportunities ... transferred all of its,holdings from its five dermatology and ... new company. , "This is ...
... 9 CRGT, a leading provider of Information Technology (IT) ... premier sponsor of the Teardrops to Rainbows 7th annual Golf ... Golf & Hunt Club in Leesburg, Virginia. The tournament ... Teardrops to Rainbows is a non-profit organization that provides support, ...
... , ATLANTA, Sept 9 The ... for improving health and appearance are still available. , ... Feet" program offers a top-of-the-line skin rejuvenation and repair procedure ... Dr. David R. Fern, FACS. Dr. Fern and the Vein & ...
... , Optometry & Vision Development, Volume 40, Number 3, 2009 ... What is its cause? How does it affect brain anatomy, electrophysiology, visual ... these patients? How can optometrists as health care providers be in the ... The latest issue of Optometry & Vision Development ...
... , SAN DIEGO, Sept. 9 ... announced today that it is providing a co-pay assistance savings ... The savings program is available through physicians enrolled in ... responsible for the first $50 of their LOTRONEX prescription co-pay, ...
Cached Medicine News:Health News:Regado Biosciences Announces First Patient Enrolled in RADAR (Phase 2b) Study of REG1 Anticoagulation System 2Health News:Regado Biosciences Announces First Patient Enrolled in RADAR (Phase 2b) Study of REG1 Anticoagulation System 3Health News:Karolinska Development Introduces New Concept for Development of its Dermatology and Wound Healing Portfolio 2Health News:CRGT Sponsors Teardrops to Rainbows Golf Tournament 2Health News:'Cash For Crow's Feet' Program Offers Effective - and Affordable - Laser Skin Treatments 2Health News:Special Autism Issue Published by the College of Optometrists in Vision Development 2Health News:Special Autism Issue Published by the College of Optometrists in Vision Development 3Health News:Prometheus Announces Co-Pay Assistance Savings Program for LOTRONEX(R) (alosteron HCl) Tablets 2Health News:Prometheus Announces Co-Pay Assistance Savings Program for LOTRONEX(R) (alosteron HCl) Tablets 3Health News:Prometheus Announces Co-Pay Assistance Savings Program for LOTRONEX(R) (alosteron HCl) Tablets 4
Lightweight Pneumatic Conserver., ,NOTE: All models passed the ASTM PS 127-00 regulator ignition safety test....
Lightweight Pneumatic Conserver., ,NOTE: All models passed the ASTM PS 127-00 regulator ignition safety test....
... ,Offers an average 5:1 increase in usage ... use of a standard cannula. , ,The ... offers ambulatory oxygen patients a superior alternative to ... 2-year warranty. , ...
Redesigning the World's Oxygen Therapy One Device at a Time. , ,Everything you like about our OXYMATIC 400 Series conservers, only better!...
Medicine Products: