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American Bio Medica Corporation
ABMC Receives FDA Clearance of Its Rapid TOX Cup
June 21st, 2008
American Bio Medica Corporation (NASDAQ:ABMC) announced that the US Food and Drug Administration (FDA) has granted the Company 510(k) clearance on its Rapid TOX Cup, a patent pending drug screen in an all-inclusive cup platform. The clearance allows ABMC to provide the Rapid TOX Cup to customers in clinical markets. ABMC Chief Executive Officer Stan Cipkowski stated, "The Rapid TOX Cup has already been well received in the criminal justice market as it provides accurate results in an easy-to-use format, all at a lower cost to the customer. This clearance opens up additional markets to ABMC and also allows us to market the product to those customers that want a...
Source: Law & Health Weekly (2008-06-21)
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