ChemTrak names new vice president of research and development.SUNNYVALE, Calif.--(BUSINESS WIRE)--March 19, 1997--ChemTrak Inc. (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 :CMTR CMTR Certified Material Test Report CMTR Combined Marginal Tax Rate ) has announced the promotion of Subba Rao Gunupudi, Ph.D. to the position of vice president of research and development. Gunupudi, who has been instrumental in the development of ChemTrak's H.pylori test, will lead the ongoing development of several new products including the company's new one-step AccuMeter HIV test. Since 1966, Gunupudi held the post of Director of Research and Development at ChemTrak, where he finalized formulations for the HpChek H.pylori test and for the company's quantitative immunoassay AccuMeter Theophylline theophylline /the·oph·yl·line/ (the-of´i-lin) a xanthine derivative found in tea leaves and prepared synthetically; its salts and derivatives act as smooth muscle relaxants, central nervous system and cardiac muscle stimulants, and test for respiratory applications. "Dr. Gunupudi's experience in developing innovative, instrument-free immunoassays has been critical to development of new applications for our proprietary technology," said Edward F. Covell, president and chief executive officer of ChemTrak. Prior to joining ChemTrak, Gunupudi served as a group leader of immunoassay development of Genzyme Diagnostics where he developed several rapid one-step assays. Gunupudi received his Ph.D. in biochemistry from the Indian Institute of Science Impressed by Swami Vivekananda's views on science, and leadership abilities, Jamsetji Nusserwanji Tata wanted him to guide his campaign. Vivekananda endorsed the project with enthusiasm, and Tata, with the aim of advancing the scientific capabilities of the country, constituted a in Bagalore, India. He did his post doctoral work at Temple University School of Medicine The Temple University School of Medicine (TUSM), located on the Health Science Campus of Temple University in Philadelphia, PA, is one of 6 schools of medicine in Pennsylvania conferring the doctor of medicine (M.D.) degree. in Philadelphia, where he also served in many capacities, including Assistant Professor, Department of Obstetrics and Gynecology obstetrics and gynecology Medical and surgical specialty concerned with the management of pregnancy and childbirth and with the health of the female reproductive system. . Currently, ChemTrak's CholesTrak Home Cholesterol Test, the first-FDA-approved product of its kind, is available internationally and in most retail pharmacies and mass merchandise outlets in the United States. ChemTrak has also received marketing clearance for its single-use, whole blood, physician's office test for Helicobacter Pylori (H.pylori), the bacterium now recognized as a contributor to duodenal duodenal /du·o·de·nal/ (doo?o-de´n'l) (doo-od´ah-n'l) of or pertaining to the duodenum. Duodenal Refers to the duodenum, or the first part of the small intestine. and peptic ulcers in humans. While the company awaits final 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. clearance for its Aware home HIV test system, ChemTrak recently announced the U.S. retail market entry of ColoCARE, a non-invasive home test to detect the early warning signs of colorectal disease. -0- Statements in this release that relate to product performance, customer acceptance, market conditions and new product plans are forward-looking statements. Actual results might differ materially from these statements due to risks and uncertainties -- including determinations by the FDA, the impact of competitive product and pricing, and the timely development and acceptance of new products, and medical market conditions. CONTACT: Freeman/McCue Public Relations 714/557-3663 or ChemTrak Inc. 408/773-8156 |
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