National Association of Community Health Centers and ZymeTx to Promote ZstatFlu.Business/Health Editors & Medical Writers OKLAHOMA CITY--(BW HealthWire)--July 2, 2001 ZymeTx, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ZMTX): Agreement Expands ZstatFlu Availability into New Market Segment And Utilizes MedCenterDirect Electronic Distribution System The nation's largest trade association serving America's poor and medically underserved, the National Association of Community Health Centers (NACHC NACHC National Association of Community Health Centers (Washington DC, USA) ), with ZymeTx (OTCBB: ZMTX) will offer the Company's ZstatFlu(R) influenza influenza or flu, acute, highly contagious disease caused by a virus; formerly known as the grippe. There are three types of the virus, designated A, B, and C, but only types A and B cause more serious contagious infections. diagnostic test to the 3,200 health center sites across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . "This relationship establishes a product presence for ZstatFlu within a medically vulnerable segment of America's population, where unchecked flu can spur serious unintended health and financial consequences," observed Norman Proulx, President and Chief Executive Officer of ZymeTx, Inc. "Our alignment with the NACHC advances ZymeTx's strategic initiative to support organizations charged with health care responsibilities for significant population bases. This arrangement creates the potential for repetitive long-term, multi-unit sales opportunities for ZstatFlu," Proulx said. Community Health Centers service 11 million people at delivery sites in all 50 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. , Guam and the U.S. Virgin Islands. Community Health Centers strive to address access problems in areas with few or no physicians and other health and social services social services Noun, pl welfare services provided by local authorities or a state agency for people with particular social needs social services npl → servicios mpl sociales . The partnership complements the broad initiative on behalf of the NACHC and Community Health Centers to establish an influenza disease management program at the grassroots level. "The utilization of a rapid influenza diagnostic test is the first line of defense to prevent the spread of flu among this susceptible segment of our population," stated Dr. Tom Curtin, NACHC Chief Medical Officer. "The use of this test can lower health care costs while at the same time improve the overall quality of care." "The agreement with ZymeTx for ZstatFlu is consistent with the NACHC's mission to promote and deliver quality health care to the medically underserved populations. ZstatFlu offers a proven method to detect flu so it can be properly and promptly treated," Curtin commented. ZstatFlu is the first FDA-approved rapid flu diagnostic test to detect both Influenza A influenza A n. Influenza caused by infection with a strain of influenza virus type A. influenza A Infectious disease An avian virus, especially of ducks–which in China live near the pig reservoir and 'vector'; and B from a throat swab specimen with 99-percent specificity on positive tests, based on actual clinical trials. The test, which produces results in 20 minutes, will serve as the centerpiece of a new NACHC Influenza Starter Kit. Community Health Centers will receive kits for the 2001/2002 winter flu season
The agreement designates MedCenterDirect as the exclusive electronic distributor of ZstatFlu to Community Health Centers, which will order ZstatFlu tests through the MedCenterDirect web site at www.medcenterdirect.com. "MedCenterDirect will play a very important role in the success of this initiative by providing a highly efficient ordering process to ensure the timely delivery of products to Community Health Centers," stated Proulx. MedCenterDirect links clinicians and suppliers through Internet e-commerce technology. "MedCenterDirect streamlines administrative and financial functions for providers," said Dr. Curtin. "Its cost-savings system will allow Community Health Centers to more effectively manage their medical inventories." About the Organizations ZymeTx, Inc., headquartered in Oklahoma City Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm , is a biotechnology company engaged in the development of technology to produce products for the diagnosis and treatment of viral disease, viral management and disease surveillance. The company developed ZstatFlu, the world's first rapid point-of-care test capable of detecting both Influenza A and B, and the National Flu Surveillance Network(TM), a network of physician sites across the country that use ZstatFlu to track influenza in their communities and practices. Additional information on ZymeTx and NFSN NFSN National Financial Services Network can be obtained by accessing the web sites at www.zymetx.com and www.fluwatch.com. The National Association of Community Health Centers is the national trade association serving and representing the interests of America's Community Health Centers, private, not-for-profit, consumer-directed health care corporations which provide high-quality, cost-effective and comprehensive primary and preventive care Preventive care is a set of measures taken in advance of symptoms to prevent illness or injury. This type of care is best exemplified by routine physical examinations and immunizations. The emphasis is on preventing illnesses before they occur. See also
n. 1. One that moves from one region to another by chance, instinct, or plan. 2. An itinerant worker who travels from one area to another in search of work. adj. Migratory. Health Centers, Health Care for the Homeless Programs and Public Housing Primary Care Programs. MedCenterDirect is a leading, fully operational cost management system giving healthcare providers innovative, cost-effective ways to purchase healthcare products and supplies. MedCenterDirect's fully integrated cost management platform links clinicians and administrators with suppliers in a clinically focused, efficient procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. process. By electronically streamlining purchasing and inventory control, it allows caregivers to focus on higher-quality patient care and administrators to lower costs, improve inventory turns and ensure purchasing contract compliance. It also provides a new financial management tool enabling comprehensive analysis of cost per procedure by a physician, a facility, or an entire health care network. This press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. including statements regarding expected future results of operations, which are subject to risks and uncertainties. All forward-looking statements in this press release are based upon historical information available as of the date of this release. Such historic information may change or become invalid after the date of this release, and by making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. The Company's SEC filings contain additional discussions about those facts, which could cause actual results to differ from management's expectations. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion