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American Bio Medica Corp (ABMC)

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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: Quarterly Report (10-q) 09/15/2020 03:43:48 PM
ABMC News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 08/14/2020 02:33:06 PM
ABMC News: Quarterly Report (10-q) 07/31/2020 05:02:14 PM
ABMC News: Current Report Filing (8-k) 07/31/2020 04:07:53 PM
ABMC News: Amended Annual Report (10-k/a) 07/24/2020 05:23:38 PM
PostSubject
#9617  Sticky Note $ABMC - How about some data for people Willymon 06/17/20 09:44:41 AM
#23410   Yeah honda please come up with some better material. sroks5 09/23/20 11:28:04 PM
#23409   Lmao! JJ24 09/23/20 11:15:58 PM
#23408   Walmart best bet for new briefs ,you should seeking wisdom 09/23/20 11:10:10 PM
#23407   Houdaboost will need new briefs AM Ambc to seeking wisdom 09/23/20 11:02:19 PM
#23406   Thats the whole reason we will be shuting seeking wisdom 09/23/20 10:37:33 PM
#23405   Ha ha ha what is your agenda seeking wisdom 09/23/20 10:34:54 PM
#23404   ABMC - Didn't you know.... Willymon 09/23/20 10:30:55 PM
#23403   You’re right about SEC suspending companies but you’re ranger_7 09/23/20 10:04:46 PM
#23402   We must be getting close to moving north. sroks5 09/23/20 09:59:36 PM
#23401   You really have no idea . The company JJ24 09/23/20 09:48:42 PM
#23400   If you found that ABMC has been ALWAYS hondaboost 09/23/20 09:47:29 PM
#23399   As we've known, SEC has suspended lots of hondaboost 09/23/20 09:40:56 PM
#23398   Lol! Hilarious . Sipping on the sauce a JJ24 09/23/20 09:39:01 PM
#23397   You blew it ,the SEC will never take JJ24 09/23/20 09:37:52 PM
#23396   Go check Whether Chaim Davis, MP Biomedicals, Stuart hondaboost 09/23/20 09:37:46 PM
#23395   Oh okay jackass Btown 09/23/20 09:37:30 PM
#23394   Reported this Scam (Covid-19 Pump and Dump) to hondaboost 09/23/20 09:35:53 PM
#23393   ABMC products have Nothing to do with Covid-19. hondaboost 09/23/20 09:33:56 PM
#23392   41,000 new covid cases in America. Double from Ronin 09/23/20 08:52:55 PM
#23391   still think 2nd Covid-19 hype will also send patrique4 09/23/20 05:45:15 PM
#23390   I wouldn’t know . I don’t pay attention JJ24 09/23/20 05:17:45 PM
#23389   $ABMC +9.62%; this stock is Schitzo. Anyone know geocam 09/23/20 04:50:40 PM
#23388   ABMC--Again, I am a shareholder like everyone else SPORTYNORTY 09/23/20 04:26:59 PM
#23387   ABMC--1000% AGREED MY FRIEND. SPORTYNORTY 09/23/20 04:23:24 PM
#23386   How many shares does he have? 2,842,857? It's geocam 09/23/20 04:21:51 PM
#23385   Exactly! One11 09/23/20 04:10:19 PM
#23384   Ya, a billionaire is not going to invest Kk9 09/23/20 04:03:16 PM
#23383   I'll say good. It would be nice to paulbk 09/23/20 03:59:10 PM
#23382   I agree. Whoever wrote that earlier stuff was paulbk 09/23/20 03:57:33 PM
#23381   That’s the million dollar question. ranger_7 09/23/20 03:50:50 PM
#23380   I’m willing to wait and see what Q3 ranger_7 09/23/20 03:50:36 PM
#23379   IMO , Mr. Davis will bring in a JJ24 09/23/20 03:49:01 PM
#23378   Odds favor something going on we don't know about. redspinelpinktopaz 09/23/20 03:48:23 PM
#23377   That may or may not happen.. but for One11 09/23/20 03:47:41 PM
#23376   I am buying based off of what has JJ24 09/23/20 03:46:41 PM
#23375   All true redspinelpinktopaz 09/23/20 03:45:39 PM
#23374   I’m sorry but I need to speak the ranger_7 09/23/20 03:41:32 PM
#23373   I see why you would say that as paulbk 09/23/20 03:37:58 PM
#23372   It might get us down to 5 cents!!! 50 MIL STRONG 09/23/20 03:34:04 PM
#23371   Please don't start that here again. That will Inspector121 09/23/20 03:26:40 PM
#23370   It’s very unfortunate that the CEO is an ranger_7 09/23/20 03:01:56 PM
#23369   Checking back in here. I have sold half stocksbelow1 09/23/20 02:51:22 PM
#23368   Mr. Davis is well connected . IMO Steinberg JJ24 09/23/20 02:48:31 PM
#23367   Wouldn't they all have to file a 13? Namtro 09/23/20 02:45:19 PM
#23366   Wish I was that smart, lol. Sternberg is One11 09/23/20 02:42:47 PM
#23365   They (Sternberg, Moroney and MPB) may have sold Ronin 09/23/20 02:37:31 PM
#23364   Sporty this is prob the only OTC in JJ24 09/23/20 02:18:17 PM
#23363   ABMC--I am never stoic in my evaluation of SPORTYNORTY 09/23/20 02:10:13 PM
#23362   After weeks of evaluation, way to many hours, The Rainbow 09/23/20 02:03:05 PM
#23361   Sternberg, Moroney and MPB are NOT Insiders and One11 09/23/20 01:57:26 PM
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