A small Wallingford CT company, named Novametrix Medical Devices (NMTX) has recently signed an agreement with an Illinois based pharmaceutical company. I am speculating that this is ABT.
NMTX is (has been) primarily concerned with the R&D and marketing of non-invasive respiratory monitoring devices. For years they have been working on non-invasive cardiac output (NICO) and just might have made the necessary breakthrough to finalize a deal with a larger and more capable marketer.
Has anyone HEARD anything about this? Possible a strategic alliance in an amount of less than 20%. This is purely speculation on my part based on 5 years worth of rumors/research.
I am not "hyping" NMTX, but rather just "digging up some dirt"