-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, M0L5vJqfV4V9o1Dle3TfPV4eOR2jlfNOhx4inTr6/fg2jkONmRhzApLrW/Ulxysf p+i84EtEbTPdwQR0NRdT5A== 0001092662-09-000072.txt : 20090629 0001092662-09-000072.hdr.sgml : 20090629 20090629160954 ACCESSION NUMBER: 0001092662-09-000072 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20090629 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090629 DATE AS OF CHANGE: 20090629 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHEMBIO DIAGNOSTICS, INC. CENTRAL INDEX KEY: 0001092662 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 880425691 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30379 FILM NUMBER: 09916377 BUSINESS ADDRESS: STREET 1: 3661 HORSEBLOCK ROAD CITY: MEDFORD STATE: NY ZIP: 11763 BUSINESS PHONE: (631) 924-1135 MAIL ADDRESS: STREET 1: 3661 HORSEBLOCK ROAD CITY: MEDFORD STATE: NY ZIP: 11763 FORMER COMPANY: FORMER CONFORMED NAME: Chembio Diagnostics Inc. DATE OF NAME CHANGE: 20040607 FORMER COMPANY: FORMER CONFORMED NAME: TRADING SOLUTIONS COM INC DATE OF NAME CHANGE: 19990805 8-K 1 form8k.htm FORM 8-K FOR PRESS RELEASE form8k.htm



SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
 
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
 
Date of Report (Date of earliest event reported):  June 29, 2009 (June 25, 2009)


CHEMBIO DIAGNOSTICS, INC.
(Exact name of registrant as specified in its charter)
 
Nevada
 
0-30379
 
88-0425691
(State or other jurisdiction
 
(Commission File Number)
 
(IRS Employer
of Incorporation)
     
Identification Number)
   
3661 Horseblock Road
   
   
Medford, NY 11763
   
   
(Address of principal executive offices)
   
   
631-924-1135
   
   
(Registrant’s Telephone Number)
   
 
N/A
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
 
o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
 
o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 
o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 


 

 
 
 

ITEM 7.01.                        REGULATION FD DISCLOSURE.

On June 25, 2009, the Company issued a press release entitled “Chembio Awarded Three Year $3MM NIH SBIR Phase II Grant to Complete DPP® Test for Human Leptospirosis ”.  A copy of the press release is furnished herewith as Exhibit 99.1.
 
On June 29, 2009, the Company issued a press release entitled “Chembio Presenting DPP® Syphilis at ISSTDR Congress ”.  A copy of the press release is furnished herewith as Exhibit 99.2.
 

The information in this Item 7.01 of this Form 8-K is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that section. The information in this Item 7.01 of this Form 8-K also shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, except to the extent that the Company specifically incorporates it by reference.


ITEM 9.01.                      FINANCIAL STATEMENTS AND EXHIBITS

Exhibits.

99.1
99.2
Press release entitled “Chembio Presenting DPP® Syphilis at ISSTDR Congress ” dated June 29, 2009
 
 



 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


Date:  June 29, 2009                                                                                                     Chembio Diagnostics, Inc.



            By:    /s/ Lawrence A. Siebert                                      
          Lawrence A. Siebert
          Chief Executive Officer
 
 


 
EXHIBIT INDEX
 
Exhibit Number
Description
99.1
99.2
Press release entitled “Chembio Presenting DPP® Syphilis at ISSTDR Congress” dated June 29, 2009.
 
 


EX-99.1 2 ex99_1.htm EXHIBIT 99.1 PRESS RELEASE OF 06-25-09 ex99_1.htm



 
Chembio Awarded Three Year $3MM NIH SBIR Phase II Grant to Complete DPP® Test for Human Leptospirosis


MEDFORD, N.Y (June 25, 2009) Chembio Diagnostic Systems, Inc. (a wholly-owned subsidiary of Chembio Diagnostics, Inc., OTCBB CEMI) has been awarded a three-year $3 million Small Business Innovative Research (SBIR) Phase II grant from the United States National Institutes of Health (NIH) to fully develop, validate, and commercialize a rapid diagnostic test for leptospirosis for general use worldwide. The test will be developed utilizing Chembio’s patented Dual Path Platform (DPP®) technology together with proprietary reagents developed by Cornell University and the Oswaldo Cruz Foundation at the Brazilian Ministry of Health.

Development of the test will be in collaboration with the Division of Infectious Diseases, Weill Medical College, Cornell University in New York and the Oswaldo Cruz Foundation, the largest biomedical research institution in Latin America.  In the Phase I work completed in 2008, which occurred with this same collaborative group, novel diagnostic targets were identified and evaluated in a prototype test in Chembio’s patented DPP® format. The studies demonstrated that the test prototype had an overall sensitivity of 85% and a specificity of 90% using serum samples of leptospirosis patients from Brazil and Thailand.  Furthermore, the DPP® prototype had a sensitivity of 78% in identifying leptospirosis in the first 7 days of illness, the "window-of-opportunity" during which initiation of antimicrobial therapy provides the greatest benefit.

The lack of an effective diagnostic test has been one of the major barriers to addressing leptospirosis, a life-threatening zoonotic disease, whose global burden is estimated to be as high as 500,000 cases annually. Leptospirosis is an emerging infectious disease problem in industrialized countries such as the US, and is a significant cause of mortality and morbidity among impoverished populations in developing countries. Leptospirosis, especially in the early stage of illness, is often misdiagnosed as dengue, malaria and other causes of acute fever.  The delay in detecting leptospirosis has potentially severe consequences since the disease progresses to cause life-threatening manifestations such as pulmonary hemorrhage syndrome and acute renal failure.

Dr. Albert Ko, Associate Professor of Medicine at Weill Medical College, Cornell University and Visiting Researcher at Oswaldo Cruz Foundation, commented, “The collaboration with Chembio has been successful in applying the selected markers to Chembio’s DPP format. This grant enables us to complete development of the assay and make it available to health professionals and public health authorities as part of an effort in combating this important global infectious disease problem.”

Javan Esfandiari, Senior Vice President of R&D of Chembio, commented, “We are pleased with the recognition that the awarding of this grant by NIH provides Chembio and to our patented DPP® technology. I am most appreciative of the excellent work of Dr Albert Ko from Cornell and Dr. Konstantin Lyashchenko, Chembio’s Senior R&D Director, as well as the rest of Chembio’s R&D team.

 
About DPP®
 
The Dual Path Platform immunoassay is a recent innovation in the field of rapid testing for which Chembio received a US patent in 2007. DPP® technology employs two separate and distinct membrane strips, one for the sample migration and one for the test reagents. This unique dual-flow design allows for improved control and management of the sample flow. As a result, the immunological reaction is more efficient than lateral flow tests based upon studies performed by Chembio.

 
About Weill Cornell Medical College
 
The Division of Infectious Diseases at Weill Medical College mission encompasses clinical care, research, and education. The Division has 50 full-time and voluntary faculty members and is responsible for the NewYork-Presbyterian Hospital/Weill Cornell Medical Center's Infectious Diseases Clinical Service, the HIV/AIDS Program and the Weill Cornell Travel Medicine Clinic (WCTMC). The Weill Cornell HIV/AIDS Program provides care to ~2,000 HIV-infected persons, in addition to conducting basic and clinical research. The WCTMC is staffed by the faculty and provides travel advice and immunizations for ~3,000 persons annually, in addition to infectious diseases consultations. The Infectious Diseases Fellowship Training Program provides individualized training through faculty guidance, clinical rotations, mentored research, and didactic coursework. The Division has a cadre of internationally recognized physician-scientists who are devoted to basic laboratory and patient-centered research, education and service, both in the United States and abroad (Brazil, Haiti, India, Nigeria, Tanzania, and Tunisia).
 About Oswaldo Cruz Foundation
 
Bio-Manguinhos/ Oswaldo Cruz (“FIOCRUZ”) is the largest immuno-biological producer (vaccines, kits for diagnosis of infectious and parasitic diseases, and bio-pharmaceuticals, such as erytropoetin and interferon) in Latin America. With a physical infrastructure comprising nearly 600,000 square feet and a workforce of approximately 1,000, Bio-Manguinhos was created in 1976. The unit is capable of processing over 120 million doses of vaccines per year, supplying up to 30 million doses per year of yellow fever vaccine alone to meet Brazilian and export requirements. In 2006, FIOCRUZ was awarded the Prize for Best Public Health Institution in the world granted by the World Federation of Public Health. Up to 2.5 million kits are produced each year through agreements with the Health Surveillance Secretariat and the National Program on Sexually Transmitted Diseases and Aids, both from the Ministry of Health. In 2004, Bio-Manguinhos entered into a technology transfer, supply and license agreement with Chembio for one of Chembio's rapid HIV tests, and in January 2008, entered into similar agreements for DPP(R) rapid tests for Leishmania and Leptospirosis, and a third agreement for a multiplex DPP(R) test for the confirmation of HIV-1 that could be performed at the point of care.
 

 
About Chembio Diagnostics

Chembio Diagnostics, Inc., through its wholly-owned subsidiary Chembio Diagnostic Systems, Inc., develops, manufactures, licenses and markets proprietary rapid diagnostic tests in the growing $5 billion point-of-care testing market. Chembio’s two FDA PMA-approved, CLIA-waived, rapid HIV tests are marketed in the U.S. by Inverness Medical Innovations, Inc. Chembio markets its HIV STAT-PAK® line of rapid HIV tests internationally to government and donor-funded programs directly and through distributors. Chembio also has rapid tests for veterinary tuberculosis and Chagas disease.  In 2007 Chembio received a U.S. patent for its Dual Path Platform (DPP®) technology which has significant advantages over lateral-flow technologies. This technology is providing Chembio with a significant pipeline of business opportunities for the development and manufacture of new products based on DPP®. Headquartered in Medford, NY, with approximately 100 employees, Chembio is licensed by the U.S. Food and Drug Administration (FDA) as well as the U.S. Department of Agriculture (USDA), and is certified for the global market under the International Standards Organization (ISO) directive 13.485.

Forward-Looking Statements

Statements contained herein that are not historical facts may be forward-looking statements within the meaning of the Securities Act of 1933, as amended.  Forward-looking statements include statements regarding the intent, belief or current expectations of the Company and its management.  Such statements are estimates only, as the Company has not completed the preparation of its financial statements for those periods, nor has its auditor completed a review or audit of those results.  Actual revenue may differ materially from those anticipated in this press release.  Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties.  Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to Chembio's ability to obtain additional financing, to obtain regulatory approvals in a timely manner and the demand for Chembio's products.  Chembio undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Chembio's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.  Factors that may impact Chembio's success are more fully disclosed in Chembio's most recent public filings with the U.S. Securities and Exchange Commission.


Contacts:
Susan Norcott 631-924-1135 x125 or snorcott@chembio.com
 

 
 

# # #
 
 
 


EX-99.2 3 ex99_2.htm EXHIBIT 99.2 PRESS RELEASE OF 06-29-09 ex99_2.htm


 
 

Chembio Presenting DPP® Syphilis at ISSTDR Congress
DPP® HIV, Hepatitis-C & HIV-Hepatitis Combination Oral Fluid Tests in
CDC Study


MEDFORD, N.Y (June 29, 2009).  Chembio Diagnostics, Inc. (OTCBB: CEMI) will present a scientific poster June 30, 2009 describing the performance and other features of its recently completed DPP® Syphilis Screen & Confirm point-of-care test.  The poster will be presented at the 18th International Society for Sexually Transmitted Disease Research (ISSTDR) Congress in London, England by Javan Esfandiari, Chembio’s Senior Vice President of Research & Development.

Chembio has developed the first dual non-treponemal & treponemal POC syphilis test. Utilizing the Company’s patented Dual Path Platform technology, DPP® Syphilis Screen & Confirm permits the simultaneous yet separate detection of both markers at the point-of-care, providing more conclusive evidence, at the point-of-care, of active, untreated disease as compared with current methods, and thereby enabling diagnosis and treatment in a single visit to a clinic. The test therefore represents a considerable advance in diagnosis, as well as in time-to-result and ease of use.

The rate of primary and secondary (P&S) syphilis reported in the United States increased during 2000-2007. In 2007, P&S syphilis cases reported to the United States Centers for Disease Control (CDC) increased 17.5%, and the rate of P&S  syphilis in the United States increased 15.2% in 2007 (3.8 cases per 100,0000), from 2006 (3.3 cases per 100,000). Syphilis remains a significant global public health problem with WHO estimating 12 million new cases of the disease worldwide each year, including 100,000 per year in the United States and 140,000 per year in Western Europe. Standard diagnosis of syphilis in the US employs two separate central laboratory-based non-treponemal screening tests (RPR, VDRL), followed by  a more specific confirmatory treponemal assay.

The test has been developed pursuant to a Cooperative Research & Development Agreement that Chembio entered with the CDC in 2006, as has been previously reported.  Chembio has provided tests for evaluation in an international study being sponsored by the World Health Organization to qualify the product for certain procurement programs, and it is preparing for studies to commercialize this product for commercialization in the United States, Europe and other markets around the world.

ISSTDR was formed in 1977 to strengthen research in sexually transmitted infections. The meetings have been held regularly over the last 30 years, mostly every two years, and have become the most important forum for presentation and discussion of recent findings in this field.  Information concerning the ISSTDR conference can be accessed at  www.isstdrlondon2009.com. Material being presented at the Congress by Chembio will be available soon on Chembio’s web site.

DPP® Tests for HIV and Hepatitis-C in CDC Study
 
Chembio also announced today that the Centers for Disease Control and Prevention (CDC) in the United States has selected the Company's DPP® HIV, Hepatitis-C (HCV) and its combination HIV/HCV tests to be a part of a program entitled "Opportunity to Collaborate in the Evaluation of Rapid Diagnostic Tests for HIV and HCV".   Each of these products is a qualitative rapid anti-body detection test that can use oral fluid samples or the full matrix of blood samples and all are designed  with Chembio’s patented dual path platform technology.
 
 
This program of the National Center for HIV/AIDS, Viral Hepatitis, STD, and TB Prevention (NCHHSTP) at the Centers for Disease Control and Prevention (CDC) of the Department of Health and Human Services (DHHS) is arranging for evaluations done in laboratories and in the field to determine the viability of rapid tests for use in screening and/or diagnosis of HIV and HCV in the United States. A number of rapid tests will be evaluated as part of the program, however Chembio’s HIV/HCV will be the only combination test that is designed for point-of-care setting or that can be run on oral fluid or finger stick whole blood samples.  The results of this study will be useful in the Company’s efforts to finalize the design of the HCV products.
 
 
About DPP®
 
The Dual Path Platform immunoassay is a recent innovation in the field of rapid testing for which Chembio received a US patent in 2007. DPP® technology employs two separate and distinct membrane strips, one for the sample migration and one for the test reagents. This unique dual-flow design allows for improved control and management of the sample flow. As a result, the immunological reaction is more efficient than lateral flow tests based upon studies performed by Chembio.
 
About Chembio Diagnostics
Chembio Diagnostics, Inc., through its wholly-owned subsidiary Chembio Diagnostic Systems, Inc., develops, manufactures, licenses and markets proprietary rapid diagnostic tests in the growing $5 billion point-of-care testing market. Chembio’s two FDA PMA-approved, CLIA-waived, rapid HIV tests are marketed in the U.S. by Inverness Medical Innovations, Inc. Chembio markets its HIV STAT-PAK® line of rapid HIV tests internationally to government and donor-funded programs directly and through distributors. Chembio also has rapid tests for veterinary tuberculosis and Chagas disease.  In 2007 Chembio received a U.S. patent for its Dual Path Platform (DPP®) technology which has significant advantages over lateral-flow technologies. This technology is providing Chembio with a significant pipeline of business opportunities for the development and manufacture of new products based on DPP®. Headquartered in Medford, NY, with approximately 100 employees, Chembio is licensed by the U.S. Food and Drug Administration (FDA) as well as the U.S. Department of Agriculture (USDA), and is certified for the global market under the International Standards Organization (ISO) directive 13.485.

Forward-Looking Statements
Statements contained herein that are not historical facts may be forward-looking statements within the meaning of the Securities Act of 1933, as amended.  Forward-looking statements include statements regarding the intent, belief or current expectations of the Company and its management.  Such statements are estimates only, as the Company has not completed the preparation of its financial statements for those periods, nor has its auditor completed a review or audit of those results.  Actual revenue may differ materially from those anticipated in this press release.  Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties.  Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to Chembio's ability to obtain additional financing, to obtain regulatory approvals in a timely manner and the demand for Chembio's products.  Chembio undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Chembio's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.  Factors that may impact Chembio's success are more fully disclosed in Chembio's most recent public filings with the U.S. Securities and Exchange Commission.


Contacts:
Susan Norcott 631-924-1135 x125 or snorcott@chembio.com
 


 


 


 

# # #
 


 
 


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