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American Bio Medica Corp (ABMC)

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Last Post: 3/5/2021 10:32:33 AM - Followers: 168 - Board type: Free - Posts Today: 8

ABMC Logo

FDA Emergency Use Authorized

COVID-19 Rapid Test

American Bio Medica Corporation (ABMC.PK) is a biotechnology company that develops, manufactures, and markets accurate, cost-effective immunoassay test kits, including some of the world’s most effective point of collection tests for drugs of abuse. American Bio Medica Corporation (formerly American Micro Media Inc) was founded in 1992.  The Company and its worldwide distribution network target the workplace, government, corrections, clinical and educational markets.

Mission Statement

"To provide innovative products with the highest levels of accuracy to ensure our customers stay ahead of the ever changing drugs of abuse industry.  We pride ourselves on operating with the utmost integrity and providing superior service to our customers throughout the world."

 
 

General Info

ABMC has a long proven history based on all the FDA approved products totalling over 100+.  List of Products on FDA

ABMC currently holds a GSA contract that is currently good through Jul 31, 2021.  A GSA contract allows government agencies to immediately purchase

without the need to go to public bid.  Having a GSA contract is a big advantage to getting products out faster.  GSA Certification Link

ABMC homepage: https://abmc.com

ABMC SEC Filings: https://www.sec.gov/cgi-bin/browse-edgar?CIK=0000896747&action=getcompany

ABMC OTCMarkets Page: https://www.otcmarkets.com/stock/ABMC

ABMC CEO: Melissa Waterhouse, mdwaterhouse@abmc.com

ABMC Investor FAQ and contact information: https://abmc.com/faq/

ABMC Facebook: https://www.facebook.com/AmericanBioMedicaCorp/

ABMC Linkedin: https://www.linkedin.com/company/american-bio-medica-corporation/

ABMC Twitter (last post from 2017): https://twitter.com/americanbiomed

Share Structure

Outstanding: 35,823,840
Authorized: 50,000,000

Chart


Management
 

Melissa Waterhouse

Chief Executive Officer/ Principal Accounting and Financial Officer

Melissa Waterhouse joined ABMC in December 1997. Since that time she has held various management positions in Investor Relations, Marketing and Public Relations. She served as our Corporate Secretary from September 2003 until her interim appointment as Chief Executive Officer and Principal Financial Officer in October 2013. In June 2014, Ms. Waterhouse was appointed as Chief Executive Officer and Principal Financial Officer and was appointed to the Board of Directors.

Douglas Casterlin

Vice President of Operations.

Douglas Casterline has served as our Vice President, Operations since July 2012. Mr. Casterlin originally joined the Company in 1997. Mr. Casterlin has over 30 years experience in manufacturing and production.

Scott D. Hutton, Ph.D.

Vice President of Sales & Marketing

Scott D. Hutton, Ph.D. has been with ABMC for over 8 years and, he has over 18 years of experience in the drug testing industry. He has negotiated numerous state contracts as well as contracts with Fortune 500 Companies. Prior to being in the drug testing industry, he had over 15 years of law enforcement and corrections management experience. Dr. Hutton has written a book entitled, “Staff Supervision Made Easy” and served in the U.S. Army.

 

Press Releases

ABMC's COVID-19 Antibody Rapid Test Detection Kit Receives FDA EUA Approval

ITEM 7.01
REGULATION FD DISCLOSURE
 
On March 20, 2020, American Bio Medica Corporation (the “Company”) announced in a press release and Form 8-K that it was offering a COVID-19 Antibody Rapid Detection Kit to detect COVID-19 in whole blood, serum or plasma via finger stick. On May 29, 2020, the COVID-19 test being distributed by the Company was authorized by the United States Food and Drug Administration (FDA) under an Emergency Use Authorization (EUA) for use by authorized laboratories. The product, manufactured by Healgen Scientific, LLC, has been authorized only for the presence of IgM and IgG antibodies against SARS-CoV-2, not for any other viruses or pathogens. The product is intended for professional use and not for home use. The Company will continue to market the COVID-19 test in full compliance with FDA policy and the EUA.
 
The information in this Item 7.01 is furnished pursuant to Item 7.01 and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section.

FDA EUA Approval Letter Link


 

Rapid Testing Kits Coming Soon for Hillsborough First Responders

PUBLISHED 8:58 AM ET Apr. 27, 2020

HILLSBOROUGH COUNTY, Fla. -- Widespread coronavirus testing could be available for first responders in Hillsborough County as early as this week. 

These are rapid testing kits that will determine who has the virus, which will help the department pinpoint who may have been exposed. 

As COVID-19 quickly spread across the country, first responders accounted for some of the earliest cases, even here in Hillsborough County. 

"We had four members test positive for COVID-19. We've had over 60 members tested. We've had numerous folks exposed, isolated, or quarantined," Deputy Chief Jason Dougherty said. 

That's why it was so important for Hillsborough County to test all of its first responders. The county shelled out about $250,000 for 44,000 rapid COVID-19 testing kits. 

"The test will tell them whether they've been exposed to the COVID-19 virus or whether they have COVID-19," Dougherty said. 

First responders in municipalities like Tampa will also have access to the rapid testing kits and so will staffers at nursing homes. 

The county ordered the kits from American Biomedica, a New York-based company. 

While this particular test hasn't been reviewed by the FDA, the government allowed it to be used under an emergency act. 

Several of those testing companies have come under fire for results that yielded false positives and false negatives. However, according to Chief Dougherty, any results that come back will have to be confirmed by the Florida Department of Health. 

"It's an important step for members to give them a piece of mind but also to protect the citizens in the community and make them feel safe and comfortable with our folks responding to the emergency," Dougherty said. 

The testing kits could arrive as early as Wednesday.

ABMC Offers rapid Test for COVID-19

–Company expects distribution would materially impact sales–

Kinderhook, N.Y., March 23, 2020 – American Bio Medica Corporation (OTCPK: ABMC), a manufacturer of accurate, cost-effective immunoassay test kits, announced today that it began offering on March 17, 2020, via a distribution partnership, a Rapid Test to detect Covid-19 in whole blood, serum or plasma. The assay offers qualitative and differential detection of IgG and IgM antibodies to the 2019 Novel Coronavirus (Covid-19) and provides results in as few as 2 minutes and generally not more than 15 minutes. The test has not yet been reviewed by the U.S. Food and Drug Administration (FDA), but is being offered under the March 16, 2020 guidance set forth by the FDA. 

The test can be used for rapid screening of carriers of the virus that are symptomatic or asymptomatic and can be used across many markets including hospitals, clinics, and by employers and correctional institutions. The test is not available for consumer use and will be marketed in full compliance with the FDA guidance, including the required labeling indicating that antibody testing should not be used as the sole basis to diagnose or exclude a Covid-19 infection. 

To place an order, customers can call (800) 227-2343, or (518) 758-8158 outside the United States or, contact the company via email at COVID19@abmc.com 

For more information on ABMC or its testing products, please visit www.abmc.com

 
ABMC HQ

Patents held by ABMC

ABMC currently has 8 active patents

1. System and procedure for lateral flow immunoassay tests

2. Device and method for testing biological samples

3. Device and method for testing biological samples (Europe)

4. Extraction method and apparatus for high-sensitivity body fluid testing device

5. Assay device and process for the testing of fluid samples

6. Method for stimulating saliva production during oral sample collection …

7. Lateral flow immunoassay device and method

8. Container closure cap with self-sealing slot


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ABMC News: Current Report Filing (8-k) 03/03/2021 09:10:50 AM
ABMC News: Amended Statement of Ownership (sc 13g/a) 01/14/2021 03:08:01 PM
ABMC News: Prospectus Filed Pursuant to Rule 424(b)(3) (424b3) 01/12/2021 04:33:14 PM
ABMC News: Notice of Effectiveness (effect) 01/12/2021 06:03:52 AM
ABMC News: Securities Registration Statement (s-1/a) 01/07/2021 03:45:12 PM
PostSubject
#26064  Sticky Note https://www.otcmarkets.com/stock/ABMC/news/ABMC-Applauds-President-Bidens-Commit seeking wisdom 01/26/21 03:32:51 PM
#25918  Sticky Note DD: Billionaire Investor & Owner of Tampa Bay @THEPENNYWOLF 01/16/21 08:45:10 PM
#26450   you must care what i say seeing you fingers 03/05/21 10:32:33 AM
#26449   Do you honestly think I care what you justbecause516 03/05/21 10:30:44 AM
#26448   hows that possible? i almost never flip and fingers 03/05/21 09:20:36 AM
#26447   Flippers don't lose and losers don't flip.I flip justbecause516 03/05/21 09:11:04 AM
#26446   hahaha. means nothing for trading OTCs. youre quite fingers 03/05/21 08:56:31 AM
#26445   I'll add to flip out,but if the ER justbecause516 03/05/21 08:13:59 AM
#26444   Sitting on a loss here. Are you going Thirstin/4/more 03/05/21 07:19:37 AM
#26443   I agree this move showed how lame Melissa justbecause516 03/05/21 06:35:34 AM
#26442   That little addendum to the 8k stating that paulbk 03/04/21 04:01:02 PM
#26441   Melissa in the past 12 months should have justbecause516 03/04/21 09:52:01 AM
#26440  Restored makes sense. hes been blocked by me a fingers 03/04/21 08:29:53 AM
#26439   I said it and meant it,$120k in late justbecause516 03/04/21 07:43:22 AM
#26438   Incorrect innuendo.Bro I've flipped this so many times justbecause516 03/04/21 07:38:20 AM
#26437   I bought .09’s - you for $1.20’s right? @THEPENNYWOLF 03/04/21 07:09:56 AM
#26436   The company paid $120,000 for being late,on both justbecause516 03/04/21 07:02:38 AM
#26435   LRDR EV patent news this morning,moves fast justbecause516 03/04/21 06:55:03 AM
#26434   Ah coming from someone that bought high and justbecause516 03/04/21 06:50:28 AM
#26432   Yes it would have to be one hell paulbk 03/03/21 09:58:33 PM
#26431   That would be good. To have a sales paulbk 03/03/21 08:57:59 PM
#26430   I'm Thinking these contracts have been established for seeking wisdom 03/03/21 08:55:01 PM
#26429   Do we know how many CLIA certified labs paulbk 03/03/21 07:15:12 PM
#26428   I guess I misunderstood that. I thought they paulbk 03/03/21 07:06:07 PM
#26427   I’m a buyer under .01! It may ranger_7 03/03/21 05:33:18 PM
#26426   I’m a buyer under .10 @THEPENNYWOLF 03/03/21 05:32:22 PM
#26425   small correction on the NJ facility meluto 03/03/21 05:25:23 PM
#26424   "Attractive Nuisance" is a perfect term and very lakes 03/03/21 04:47:20 PM
#26423   Then we had the million-dollar month. Who thought paulbk 03/03/21 04:25:38 PM
#26422   Haha you sold don’t come back and talk rowles5050 03/03/21 04:21:33 PM
#26421   I wouldn't beat yourself up over not being paulbk 03/03/21 04:07:44 PM
#26420   Then why are you still here?? Didn't you sell? oldhamtrader 03/03/21 04:02:00 PM
#26419   This time there’s hundreds of millions of covid @THEPENNYWOLF 03/03/21 03:46:12 PM
#26418   As long as people are not taing any paulbk 03/03/21 03:39:45 PM
#26417   It has to be something pretty substantial to paulbk 03/03/21 03:15:00 PM
#26416   That what she told me. So something else rowles5050 03/03/21 02:32:05 PM
#26415   Hope you are right RVfundage 03/03/21 02:31:40 PM
#26414   It’s not rowles5050 03/03/21 02:07:37 PM
#26413   I hope today's 8k wasn't the update she RVfundage 03/03/21 01:34:11 PM
#26412   yes NO SHARES ISSUED DUE TO THIS 8k!!!!! fingers 03/03/21 10:05:21 AM
#26411   Thanks, I was expecting this loan refinance meluto 03/03/21 09:39:59 AM
#26410   8k out rowles5050 03/03/21 09:25:41 AM
#26409   Sounds promising. Hope her definition of soon is oldhamtrader 03/03/21 08:41:30 AM
#26408   he sure is full of sht which is fingers 03/03/21 07:00:31 AM
#26407   Yea sure this thread is chock full of justbecause516 03/03/21 06:39:22 AM
#26406   Yea sure this thread is full of losers justbecause516 03/03/21 06:38:46 AM
#26405   Let’s hope shes got something good for us. rowles5050 03/02/21 06:31:53 PM
#26404   and so is your wallet beahahahahah ABMC fingers 03/02/21 05:52:59 PM
#26403   Texas reopened before as well and then closed ranger_7 03/02/21 05:38:59 PM
#26402   Texas and Mississippi just reopened 100% and both @THEPENNYWOLF 03/02/21 05:36:12 PM
#26401   It’s just absurd that Melissa is still the ranger_7 03/02/21 05:01:09 PM
#26400   old version of the website meluto 03/02/21 04:39:26 PM
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