Unregistered User If this is not your name, click here.
		Contact Us | Order Now | Journals | Bookstore | Register a colleague
	Select a ChannelAcneAIDS and HIVAllergy OtherAlzheimer'sAnaesthesiology OtherAngina Pectoris/MIAnxietyArthritis OtherAsthmaBack PainBacterial InfectionsBladder CancerBone Marrow TransplantationBreast CancerCardiology OtherCataractCell TransplantationCervical CancerCholesterol/Lipid disordersCirrhosisClinical PharmacologyColorectal CancerCongestive Heart FailureContact DermatitisContraceptionCOPDCystic FibrosisDental and Oral DisordersDepressionDermatology OtherDiabetesDialysisEating DisordersElbowEmergency MedicineEndocrinology OtherEpilepsyErectile DysfunctionFibromyalgiaGastro OtherGeneticsGenitourinary OtherGeriatricsGERD/GastritisGlaucomaH. Pylori/UlcerHaematology OtherHair LossHeadachesHepa/Biliary OtherHepatitisHipHRTHypertensionIBDImmunologyInfectious OtherInfertilityIntensive CareIrritable Bowel SyndromeKneeLeukemiasLiver CancerLung CancerLupusLymphomasMelanomaMenopauseMultiple Sclerosis Nephrology OtherNeurologic OtherNutritional / Metabolic OtherOb/Gyn OtherObesityOncology OtherOphth. OtherOphthalmic SurgeryOrgan TransplantationOrthopaedics OtherOsteoarthritisOsteoporosisOtitisOtorhino. OtherOvarian CancerPaediatricsPainPancreatic CancerParkinson'sPregnancyProstate CancerPsychiatry OtherPulmonary OtherRadiologyRenal CancerRenal FailureRespiratory InfectionsRheumatoid arthritisRheumatology OtherRhinitisSchizophreniaShoulderSleep ApnoeaSleep DisordersSpineStrokeSTDsSurgeryThyroid DisordersTransfusionTransplant Surgery OtherTraumaUrinary IncontinenceUrinary tract infectionsVaccinologyVascular DisordersViral Infections

SEARCH   News Bookstore Medline The Web Meetings & Congresses Complete Doctor's Guide    EXPLORE :    All News   All Webcasts   All Cases   All Meetings & Congresses   All Medical Resources New drugs / indications English Dictionary Medical Dictionary Thesaurus Warning | Privacy | Awards  Favourite Journals  Click here to choose your favourite journals  Favourite Sites  Click here to choose your favourite sites  Languages  Select languageEnglishFrançais

Agreement to Distribute Electrochemical Blood Glucose Monitoring System WALTHAM, Mass., Oct. 22, 1996-- Selfcare, Inc. (AMEX: SLF) announced that it has entered into a distribution agreement with LifeScan, Inc., a subsidiary of Johnson & Johnson (NYSE: JNJ), pursuant to which LifeScan will distribute an advanced version of Selfcare's proprietary electrochemical blood glucose monitoring system. As previously announced, Selfcare recently received FDA clearance for a prior version of the system. The advanced version must receive FDA clearance before sales can commence in the United States. As contemplated by the November 10, 1995 agreements between Selfcare and LifeScan, in connection with entering into the distribution agreement LifeScan has paid Selfcare a $7 million success fee, and an affiliate of LifeScan has converted its existing loans of approximately $13.7 million into 201,622 shares of Selfcare common stock. In addition, the LifeScan affiliate will also receive, for no additional consideration, further shares equal to 5% of all common stock issued by Selfcare pursuant to options and warrants that were outstanding as of November 10, 1995. The company estimates that the LifeScan affiliate will ultimately receive approximately 278,800 additional shares. Selfcare, with facilities in Waltham, Massachusetts, Inverness, Scotland, Galway, Ireland, and Munich, Germany, is engaged in the development, manufacture and marketing of self-test diagnostic products for the diabetes, women's health and infectious disease markets. E-mail this page to a friend or colleague! To print, use this version