Bio-AMD Inc. (fka BIAD)

[BiotechValues]

I guess it depends on how "commercial development" is defined.


If they consider the feasibility study with Sysmex part of commercial development, then absolutely- they've already disclosed that. To me though, "commercial development" means more.

I did get an update today...but they're still very cautious in discussing the work with Sysmex and did not give any real details. This is the same as it's been since the beginning of the year- very conservative in what they will say at this point.

I did get a feeling that things are continuing down the road with Sysmex and that it (most likely) is just a matter of time before something substantive in terms of a production & sales contract is finalized.