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CASCADE MEDICAL REGAINS MARKETING RIGHTS FROM CARTER-WALLACE

 CASCADE MEDICAL REGAINS MARKETING RIGHTS FROM CARTER-WALLACE
 Renames Blood Glucose Monitoring System "CheckMate"
 MINNEAPOLIS, Jan. 28 /PRNewswire/ -- Cascade Medical, Inc., Eden Prairie, Minn., has regained worldwide marketing rights to the Answer(R) Blood Glucose Monitoring System from Wampole Laboratories, a division of Carter-Wallace, Inc., New York.
 Cascade Medical, developer and manufacturer of the home monitoring system for diabetics, will now market the device under the name CheckMate(TM). Cascade Medical has begun shipping the CheckMate to its distributors in the United States and overseas.
 "We are delighted to assume control over the marketing of our blood glucose monitoring system," said Richard E. Jones, Ph.D., president and CEO of Cascade. "There are tens of thousands of users of the Answer Blood Glucose Monitoring System worldwide, and we expect this state-of- the-art product, under the new name CheckMate, to appeal to an ever- growing number of customers."
 Further terms of the agreement involving the transfer of marketing rights were not disclosed.
 The market for self blood glucose monitoring is one of the fastest growing areas of medical diagnostics. In the United States there are an estimated 12 million people with diabetes. It is estimated that nearly 2,500,000 people in the United States perform daily self-monitoring for blood glucose levels. Estimates of the worldwide market for blood glucose monitoring exceed $800 million.
 Users of the portable CheckMate System purchase a microprocessor- based CheckMate Blood Glucose Meter and can quickly determine their blood glucose level with the use of disposable test strips. Cascade Medical developed, manufactures and holds the patents on both the meter and test strips.
 The components of the CheckMate and Answer systems are identical, so that customers with the Answer unit will be able to maintain a continued supply of fully-compatible materials from Cascade Medical.
 Cascade Medical's blood glucose monitoring system is designed for user convenience and safety and has several unique features, including a built-in lancing device and automatic calibration.
 The system is marketed through a national distribution network that encompasses retail pharmacies, chain drug stores and specialty diabetes supply outlets. Several members of the Cascade Medical sales force were previously with the Carter-Wallace sales group, which has helped facilitate the marketing transition.
 Cascade Medical has launched an aggressive program to market and sell the CheckMate System to domestic and international markets. It is also offering a lifetime warranty on its CheckMate Blood Glucose Meter.
 Customer and technical service representatives are available 24- hours-a-day at Cascade Medical to take product orders and service requests for customer support (1-800-525-6718).
 Cascade Medical, which is privately held, was founded in 1989 with the mission of becoming the premier supplier of diabetes products worldwide.
 -0- 01/28/92
 /CONTACT: Perry Ketchum of Ketchum & Metz, Inc., 612-349-2727, for Cascade Medical/ CO: Cascade Medical ST: Minnesota IN: MTC SU:


DS -- MN002 -- 4100 01/28/92 09:36 EST
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Publication:PR Newswire
Date:Jan 28, 1992
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