Today's PR confirms Chembio's accelerated development for the OTC HIV test.
Larry confirms it and says Chembio's test is more sensitive than Orasure.
Surprising positive Friday news...
B. Riley Presentation.
Just spoke to Susan at Chembio.
Some technical diffculty on B. Riley's end she claims.
Said to give it a few hours and yestrday's presentation link should be posted on website.
Larry was definitely at Conference and it went well..
I also tried and failed to get on, Red. I want to know if LS said anything about the OTC product, he's proposing.
I've accumalated a nest egg in CEMI and have been watchtng and reading the MB for quite some time.
I really have learned alot from some mighty fine posters here. That being said I only hope someone did listen yesterday to what Larry was announcing.
What they can do is go for blood first, then IF approved they can amend the regulatory filing to request oral added..
Blood will most likely be what go at first' to pursue..
They need clinical trial for the oral i would guess..
Larry says its blood right now-
The future very well could be DPP Oral.
Cant get OTC approval without first having Professional Market Approval which Chembio's HIV blood test already has.
But what they are submitting to the FDA that is DPP is Oral as well as other liquids (must be a better word). When they get approval they just fill in the blanks and resubmit.
Red-- I totally agree with your assessment of the OTC dilemma. Will it take longer to get an OTC approval for the DPP oral vs. the finger stick test that's already FDA approved for professional use?
I had been under the impression that was the reason they were going to try to get the barrel test approved for OTC.
Very good news, but not unexpected......if they were not pursuing it, I would be very disappointed and
would find it incredible...I like his positive comments on the Orasure approval.......very objective and
realistic. I always wonder, however, how anyone can say how many people are "unaware of their infection".
If they are a set of people who are "unaware" then who could be aware of how many are unaware?
This takes on a little bit of our former defense secretary's "known unknowns; unknown unknowns; etc"
Looks like CEMI is slowly inching toward something good