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Alere Inc. Message Board

  • rick60930 rick60930 Mar 1, 2013 2:33 PM Flag

    Getting knee deep into HIV and TB

    Wow....Im surprised that Alere wants to jump into this market years behind Orasure and Chembio D. I guess for the grant money. Trying to creat untried assays. With already slumping earnings on increased revenues.

    Big risk as I see it...but will be 2-4 years before they find out if the end products will even be viable (work), not to mention if there will be room in the crowded market for these two new products. We will see....time will tell...but Im not willing to bet my money on a speculation. Either Alere is desperate for product revenue or they desperate to become a speculative investment again.

    Sentiment: Strong Sell

 
ALR
39.83-0.42(-1.04%)Sep 17 4:02 PMEDT

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