Here are my notes from the Invest Northwest presentation, the story continues to unfold in a very promising way. very optimistic.

~~ dimar

http://www.wsw.com/webcast/in7/rbm.to/

Roche - Starting to sell cardio tests this month in N. America and will begin marketing in 8 Asian countries in the 2nd half of this year. Other markets world wide in 2010, 2011.

3M - RSV - clinical work complete and submission for 510k review in April, aiming to have clearance for Fall 2009.

Shionogi - BNP, Japan only and the single channel reader

New opportunities are being investigated, cancer, coagulation, gynecological, and kidney and in discussion with multiple diagnostic players

Potential production capacity greater than 15million assorted tests a year would be about $100 million a year in revenue.

New facility has passed FDA QSIT audit inspection late last Aug

Cash Burn - reduced from $1.3 million to less than $0.7 million per month, cash should last through June 09 seeking alternative financing including debt financing