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:2/26/2015)... Feb. 26, 2015  Mobility Ventures LLC, an AM ... Bank of America (NYSE: BAC ) that ... financing of the revolutionary MV-1 - - the world,s ... ground up to provide safe and comfortable transportation for ... their loan to purchase a new MV-1 vehicle at ...
(Date:2/26/2015)... , Feb. 26, 2015 Legislation passed today ... pharmacy provision to help prevent inappropriate prescriptions in Medicare ... Protecting the Integrity of Medicare Act (PIMA) of 2014 ... Kevin Brady (R-TX) and Ranking Member Jim ... drug abuse epidemic and implement the right policies, said ...
(Date:2/26/2015)... 26, 2015 LifeScienceIndustryResearch.com adds ... -In- Class Innovations and Cost Optimization Plays Major ... Pharmaceutical Companies research report to the pharmaceuticals intelligence ... this Global Pharma US & EU Outlook 2015 ... divestment of non-core assets result in healthy cash ...
Breaking Medicine Technology:Mobility Ventures and Bank of America Announce New Agreement to Simplify Retail Consumer Financing for MV-1 Universally Accessible Vehicle 2Mobility Ventures and Bank of America Announce New Agreement to Simplify Retail Consumer Financing for MV-1 Universally Accessible Vehicle 3PCMA Statement on the 'Protecting the Integrity of Medicare Act' 2Global Pharma U.S. and EU Outlook 2015 Market Research Report 2Global Pharma U.S. and EU Outlook 2015 Market Research Report 3Global Pharma U.S. and EU Outlook 2015 Market Research Report 4
... 11 Pharmasset, Inc.,(Nasdaq: VRUS ), a clinical ... to treat viral,infections, reported financial results for the fiscal year ... million in cash and cash,equivalents and short term investments. , ... Highlights , Clevudine , ...
... Inc. (OTC Bulletin Board: CVBT) announced today that two additional ... its ACORD Phase II clinical trial for the treatment of ... Foundation in Minneapolis MN, and Princeton Baptist Medical Center in ... Mercy Hospital Fairfield (Ohio) and The Christ Hospital in ...
Cached Medicine Technology:Pharmasset Reports Fiscal Year End 2008 Financial Results 2Pharmasset Reports Fiscal Year End 2008 Financial Results 3Pharmasset Reports Fiscal Year End 2008 Financial Results 4Pharmasset Reports Fiscal Year End 2008 Financial Results 5Pharmasset Reports Fiscal Year End 2008 Financial Results 6Pharmasset Reports Fiscal Year End 2008 Financial Results 7Pharmasset Reports Fiscal Year End 2008 Financial Results 8Pharmasset Reports Fiscal Year End 2008 Financial Results 9CVBT Opens Two Additional Sites for Patient Enrollment for Phase II Heart Trial 2
(Date:2/27/2015)... WI (PRWEB) February 27, 2015 ... - The program, which is free and open to ... month, 8:15-9:30 am, at the Janesville Mall Food Court, ... breakfast, health screenings, door prize drawings, and an educational ... sign up for membership in Stride for Health. , ...
(Date:2/27/2015)... 27, 2015 One of the biggest ... aftercare instructions. These tips help ensure you receive ... make. , “Investing time and effort in your recovery ... the right plastic surgeon,” says Dr. Kevin Sadati. , ... the highest and longest lasting results following a facelift ...
(Date:2/26/2015)... (PRWEB) February 27, 2015 UAE Medical Insurance ... Ward to the position of Corporate Sales Director . Based ... the health insurance industry that he plans to leverage to ... Mr. Ward joined the health insurance industry in 1995, working ... to help grow Lifecare International - an agent of BUPA ...
(Date:2/26/2015)... (PRWEB) February 27, 2015 iTanSmart ... take the guesswork out of sun tanning by alerting the ... burned. iTanSmart also educates the user about UVB rays, sun ... uses five factors: UV index, time of day, skin type, ... time can be spent in the sun before getting burned. ...
(Date:2/26/2015)... 2015 February 2015 – A strong ... start-up company's most valuable assets. A weak (or poorly ... liabilities. All this is particularly true for developers in ... often occurs. According to Frank Becking , IP ... portfolio must be managed actively with value-driven goals in ...
Breaking Medicine News(10 mins):Health News:Gallery of Cosmetic Surgery Announces Tips for Protecting Your Plastic Surgery Investment 2Health News:UAE Medical Insurance Hires New Head of Corporate Sales and Retention 2Health News:UV Technologies Announces Development of iTanSmart Sun Tan App for Android Smartphones Helps Prevent Sunburns 2Health News:IP Priorities: Five Tips for Medical Device Entrepreneurs 2Health News:IP Priorities: Five Tips for Medical Device Entrepreneurs 3
... Dr. Paul Weinberger wants to make thyroid cancer diagnosis ... About 30 percent of women have a thyroid growth in ... said Weinberger, otolaryngologist at Georgia Health Sciences University. In about ... on the shape of biopsied thyroid cells. It,s ...
... needs to be considered when determining the potential ... disease and cancer. According to a new study ... use of low-dose aspirin increases the risk for ... with accompanying use of cardiovascular disease-preventing therapies, such ...
... new analysis has found that women who develop certain hereditary ... previous generation. Published early online in CANCER , a ... to the importance of tracking younger ages of cancer diagnosis ... Women who have mutations in the BRCA genes ...
... SATURDAY, Sept. 10 (HealthDay News) -- It,s important for parents ... children to do their homework, a new study suggests. ... homework improves if parents take a positive, supportive attitude and ... assignment or getting a higher grade. The study of ...
... HealthDay Reporter , FRIDAY, Sept. 9 (HealthDay News) ... that osteoporosis drugs such as Fosamax, Actonel, Boniva and ... patient should take a drug before potential health risks ... are taken to prevent fractures related to postmenopausal osteoporosis. ...
... Fusarium , a group of fungi that includes devastating ... travel through the air. Researchers now believe that ... a better understanding about crop security, disease spread, and ... towards a new aerobiological modeling technique, one they think ...
Cached Medicine News:Health News:Proteins could help women avoid thyroid surgery 2Health News:Even low-dose aspirin may increase risk of GI bleeding 2Health News:Women who inherit BRCA gene mutations develop cancer earlier than their ancestors 2Health News:Parents' Positive Attitude Can Help Kids Get Homework Done 2Health News:FDA Advisers Call for Revised Labels for Osteoporosis Drugs 2Health News:FDA Advisers Call for Revised Labels for Osteoporosis Drugs 3Health News:Microbes travel through the air; it would be good to know how and where 2Health News:Microbes travel through the air; it would be good to know how and where 3
The CryoSurgery console is the control center for CryoCath's surgical probe. It is a modular system made up of a console control unit and a tank dolly system. The system can be used as a unit or in s...
... is a malleable, single-use cryosurgical probe developed ... The probe will ablate cardiac tissue while ... surgical procedure, such as coronary artery bypass ... and/or repair and as part of the ...
The Medtronic CardioRhythm Marinr Catheter is intended for use in diagnostic electrophysiologic procedures. These catheters are designed for recording intracardiac electrograms and temporary pacing a...
... is specifically designed for use with our ... deflectable NAVI-STAR catheter houses a Biosense Webster ... in real time, exact location points from ... electrogram information. The NAVI-STAR electro-anatomical navigation catheter ...
Medicine Products: