PharmChem Laboratories Inc (PCHM)

[LMLYP]

More from the meeting.

Competition for drugs of abuse testing?

Intelligent fingerprints? Starting as a $3 million dollar investment, and then an $11 million infusion, is now up to $20 million and counting.

Wearables? University SD, MIT, University of Texas receiving government funding. 510K's filed but cost is way too high and it is not worth the expense. You will hear things about microdrops vs. ML. if you ask

Point of care like breathalyzers? HHS is putting money in to this. Joe sounded like it is black and white, that we have the forensic device, and breathalyzers have too many question marks. You will hear things about filtered matter and spit if you ask.

Our FDA review period is coming up in October/November.

PCHM drugs of abuse test was not how we started. Patch was originally intended for osteoporosis.