Bio-AMD Inc. (fka BIAD)

[BiotechValues]

Interesting change to web site made.

They updated the web site a bit today. I think it may be due to information from the upcoming MIDS report (now due out by end of this month) that they wanted to include on the site.

Note on the MIDS page the following paragraph has been added.

"Because of its accuracy and sensitivity, MIDS, as applied to cardiac marker detection, may well be able to predict the likelihood of re-infarction post initial early symptoms, or infarction in otherwise asymptomatic patients in high risk groups. Prediction of infarction risk, stratification of that risk and definitive diagnosis is a major issue for hospitals, as they need to prioritise treatment and manage the costs of treating heart attack patients."

So their MIDS technology when used for cardiac markers may be utilized as an early indicator or even risk predictor of coronary artery disease/heart attacks in people with no symptoms or prior history.

Yes, it's still unknown if they'll ultimately commercialize this- and it may take a partnership with a larger player to make it happen, but if they do, it's an obvious gigantic market for this kind of testing that can be done in a physician's office, in hospitals, etc.