InvestorsHub Logo

stock_peeker

03/24/10 10:28 AM

#124502 RE: Bobwins #124499

CEMI plans to eventually sell their test kits OverTheCounter starting in 2011.

From today's news release:

"Chembio is now registering and establishing distribution for the DPP® oral fluid HIV test in developing world markets where there is expected demand for this unique product. Once Chembio receives the PMA approval currently anticipated to be during 2011, it intends to market the product through its own sales organization in order to provide its customers with optimal pricing and support. Chembio also then intends to pursue Over-the-Counter (OTC) approval of this product. "

ps> This would be considered Socially Responsible investing, but like Bob says, it could turn out to be a big winner down the road.