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Re: samlion post# 15591

Wednesday, 07/14/2004 3:30:12 PM

Wednesday, July 14, 2004 3:30:12 PM

Post# of 82595
samlion - Here's what Tony had to say about FDA approval. The clinical trial for OVANOME will be finished in early 2004 An application for approval to market, if required, will be submitted to the FDA by mid-2004 and approval obtained by early 2005. DNAP has a patent pending for compositions and methods relating to OVANOME. Sales of the OVANOME products to labs in 2005 will result in income of $4 million. This product launch will create a new, emerging US market of over $16 million. OVANOME is forecast to reach a peak-year sales record of $12 million in year three and hold steady for several years as the classifier test of choice in this market niche.