ABMC Receives FDA Clearance of Its Rapid TOX Cup(R).KINDERHOOK, N.Y. -- American Bio Medica medica (māˑ·dē·k Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ABMC ABMC American Battle Monuments Commission ABMC Alexian Brothers Medical Center (Illinois) ABMC Aviation Battle Management Concept ABMC Arrowbear Music Camp (California) ) announced today that the US Food and Drug Administration (FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. ) has granted the Company 510(k) clearance on its Rapid TOX TOX Total Organic Halides TOX Total Organic Halogens TOX Toxxulia Forest (Everquest) TOX Thermal Oxide TOX Tetradichlorooxylene Cup, a patent pending drug screen in an all-inclusive cup platform. The clearance allows ABMC to provide the Rapid TOX Cup to customers in clinical markets. ABMC Chief Executive Officer Stan Cipkowski stated, "The Rapid TOX Cup has already been well received in the criminal justice market as it provides accurate results in an easy-to-use format, all at a lower cost to the customer. This clearance opens up additional markets to ABMC and also allows us to market the product to those customers that want a FDA-cleared product." Available in multiple combinations according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the customer's needs, the Rapid TOX Cup is an accurate, easy-to-use drug screen. The Rapid TOX Cup doesn't require any manipulation of the device; the donor simply voids into the cup. Its wide mouth and larger cup allow for easier specimen collection. A temperature strip is affixed af·fix tr.v. af·fixed, af·fix·ing, af·fix·es 1. To secure to something; attach: affix a label to a package. 2. to the cup to ensure specimen integrity, with the option to add a specimen validity test strip. Results obtained with the Rapid TOX Cup can also be photocopied for record-keeping purposes. Its fully integrated design The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. permits collection, testing and shipment for confirmation in one device. For more information on ABMC or its drug testing products, please visit www.abmc.com. About American Bio Medica Corporation American Bio Medica Corporation is a biotechnology company that develops, manufactures and markets accurate, cost-effective immunoassay Immunoassay An assay that quantifies antigen or antibody by immunochemical means. The antigen can be a relatively simple substance such as a drug, or a complex one such as a protein or a virus. diagnostic test kits, including some of the world's most effective point-of-collection tests for drugs of abuse. The Company and its worldwide distribution network target the workplace, government, corrections, clinical and educational markets. ABMC's Rapid Drug Screen[R], Rapid One[R], Rapid TEC[R], RDS (1) (Remote Data Services) A set of programming interfaces from Microsoft that enables users to update data on the Internet or intranets from their ActiveX-enabled browser. [R] InCup[R], Rapid TOX[R] and Rapid TOX Cup products test for the presence or absence of drugs of abuse in urine, while OralStat[R] and Rapid STAT[TM] tests for the presence or absence of drugs of abuse in oral fluids. ABMC's Rapid Reader[R] is a compact, portable device that, when connected to any computer, interprets the results of an ABMC drug screen, and sends the results to a data management system, enabling the test administrator to easily manage their drug-testing program. This release may contain forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results to differ, and such differences could be material. Such risks and uncertainties include, but are not limited to, the following: continued acceptance of the Company's products, increased levels of competition in our industry, the acceptance of new products, inherent risks associated with product development. regulatory approvals and intellectual property rights, the Company's dependence on key personnel, third-party sales and suppliers. There can be no assurance that the Company will be successful in addressing such risks and uncertainties, and the Company assumes no duty to update any forward-looking statements based upon actual results. Investors are strongly encouraged to review the section entitled "Risk Factors" in the Company's annual report on Form 10-KSB for the fiscal year ended December 31, 2007, and quarterly reports on Form 10-QSB on file with the Securities and Exchange Commission for a discussion of risks and uncertainties that could affect operating results and the market price of the Company's common shares. |
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