InvestorsHub Logo
Followers 32
Posts 1367
Boards Moderated 0
Alias Born 10/01/2012

Re: mademan552 post# 10389

Tuesday, 10/07/2014 12:28:25 PM

Tuesday, October 07, 2014 12:28:25 PM

Post# of 14303
Mademan thanks for the info on the new Abbott Labs.

My perspective: Huge Company and can get FDA super attention fast.
See how smart they are at PR working with diabetic groups.

As far as whether the Abbott device is blue tooth or wireless reading . . . not a big deal to include an optional mini-USB port on the instrument for private data transfer.

IF this arm sensor can read other bodily fluids remotely in the body blood system . . . Houston . . . We has Competition! Product.

Guess who has the most $$s to throw at remote mobile blood reading devices?
You are allowed only one guess. Add in political donation deep pockets and skill. .
Who you gonna love as first cousin, FDA?

That does not mean DRIO can't get USA FDA Approval timely, and obtain an acceptable USA market share of diabetic remote device readers.

Abbott can easily get best in class design enhancement folk to 'improve' their device (smaller, high-low alarm reader device inclusion, and SW upgrading). And who can cut reading costs to the bone, to off-competitors? Da!

Abbott might even buy-out DRIO rights to their device in USA or wherever.
They can also partner with DRIO and throw a ton of cash on the company insiders and provide massive R&D assistance and marketing.

Both Abbott and DRIO devices look promising and were I Abbott . . . why not have a finger in both tech pots? What we do notk now at this time . . . is Abbott reader device compatible with other bodily and chemical fluids? I kind of suspect it is . . . . as one probably just has to change the chemical sensor type targeting specific material and the SW, to read other fluids.

Remote mobile user medical device readers is future TODAY!
This just might mean other Medical Device Manufacturers will beat a path over to our DRIO (to side-swip Abbott)? Ah . . . the times they is interesting.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent DRIO News