0001092662-11-000057.txt : 20111011 0001092662-11-000057.hdr.sgml : 20111010 20111011115424 ACCESSION NUMBER: 0001092662-11-000057 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20111011 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20111011 DATE AS OF CHANGE: 20111011 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: 111134560 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 form8_k.htm FORM 8-K FOR PR form8_k.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):  October 11, 2011 (October 11, 2011)


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 October 11, 2011, the Company issued a press release entitled “Chembio Diagnostics Obtains CE Mark for Its DPP® Syphilis Screen & Confirm Assay”.   A copy of the press release is furnished herewith as Exhibit 99.1.

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  
Press Release entitled “Chembio Diagnostics Obtains CE Mark for Its DPP® Syphilis Screen & Confirm Assay” dated   October 11, 2011.
 
 
 


 
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.


October 11, 2011                                                          Chembio Diagnostics, Inc.



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

 
EXHIBIT INDEX
 
Exhibit Number
Description
99.1  
Press Release entitled “Chembio Diagnostics Obtains CE Mark for Its DPP® Syphilis Screen & Confirm Assay” dated   October 11, 2011.


 
 


EX-99.1 2 ex99_1.htm PR FOR CE MARK ex99_1.htm


 

 
Chembio Diagnostics Obtains CE Mark for Its DPP® Syphilis Screen & Confirm Assay


MEDFORD, NY—October 11, 2011 -- Chembio Diagnostics, Inc. (CEMI.QB: CEMI.PK), which develops, manufactures, markets and licenses point-of-care diagnostic tests, announces that its DPP® Syphilis Screen & Confirm Assay has received a CE marking. The CE marking declares that a product has met all relevant European Union consumer safety, health or environmental requirements, and can therefore be sold within the European Economic Area.

The DPP® Syphilis Screen & Confirm Assay provides the most conclusive evidence available at the point-of-care (POC), of an active, previously untreated case of syphilis, thereby enabling diagnosis and treatment in a single visit to a clinic.

According to the World Health Organization, there will be 140,000 new cases of the disease in Europe this year alone, and 12 million new cases worldwide.  Standard diagnosis of syphilis is currently analyzed using two different laboratory-based serologic tests, namely a non-treponemal screening test, usually either the Rapid Plasma Reagin (RPR) or Venereal Disease Research Laboratory (VDRL), followed by a more specific treponemal confirmatory assay.  Chembio has developed the first dual non-treponemal & treponemal POC syphilis test that can be used in the European Union.

Utilizing Chembio’s patented Dual Path Platform technology, DPP® Syphilis Screen & Confirm permits the simultaneous yet separate detection of both markers at the point of care, eliminating the need and resulting cost of two separate laboratory tests. The Company has recently begun clinical trials at the first of three sites in the United States in support of an application to the FDA for a 510(k) clearance, which the Company anticipates submitting in 2012.  The Company also anticipates that this test will be eligible for a CLIA waiver (Clinical Laboratory Improvement Act waiver) which, if granted, would allow use of the test in point-of-care settings such as public health testing clinics and physician (i.e., OB-GYN) offices for screening of pregnant women. Accordingly, the Company believes that the DPP® Syphilis Screen & Confirm represents a considerable advance in cost-effective, timely and simple diagnosis.

Lawrence Siebert, CEO of Chembio Diagnostics, commented, “Now that we have received CE certification, we intend to focus our efforts in the EU market in order to aggressively ramp up sales of our DPP® Syphilis Screen & Confirm Assay to meet that need, while we also move forward on our United States FDA regulatory pathway.

About Chembio Diagnostics

Chembio Diagnostics, Inc. develops, manufactures, licenses and markets proprietary rapid diagnostic tests in the growing $7 billion point-of-care testing market. Chembio's two FDA PMA-approved, CLIA-waived, rapid HIV tests are marketed in the U.S. by Alere, Inc., formerly named Inverness Medical Innovations, Inc. Chembio markets its HIV STAT-PAK(R) line of rapid HIV tests internationally to government and donor-funded programs directly and through distributors. Chembio has developed a patented point-of-care test platform technology, the 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 130 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. 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. In addition, actual revenue may differ materially from any amount referenced or otherwise anticipated in this press release. 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 set forth in Chembio's most recent public filings with the U.S. Securities and Exchange Commission.

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

Investor & Public Relations:
The Investor Relations Group
Adam Holdsworth
212-825-3210
aholdsworth@investorrelationsgroup.com
 


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