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Is Biosensors a good buy?

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allright
    18-Jan-2008 11:04  
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Huatah , ccwan, and the others...so nice to see this forum being so gracious and caring. Yes , cashiertan we really hope you got some too as you have been so unselfish all these time and even wish us well when you were totally out. Thanks Bengster ,investor,almosthere and the others for giving us the confidence to hold onto the share. Think the CE mark is only PART 1. There might be some profit taking bec the company announced there will be losses for fiscal 2009 due to expenses and Research and Development ..BUT that is why i like this company. BECAUSE of their Rand D. R and D is the Hallmark of a very successful  comapny especially in the pharma industry.
 
 
Madnezz
    18-Jan-2008 11:01  
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Faith and patience. Thanks Brother Bengster.
 
 
huatah
    18-Jan-2008 10:16  
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alamak.. tat guy really think it will shoot up tat fast.. no lah.. i reckon de first px will hit 1.08 during opening.. but 1.5...haha.. i tink he just place order for fun oni lah.. when he/she see lifting announced.. he will cancel de order and place another px.. heehee..

cashiertan.. how.. got secure? really hope u do.. cos u have been helpin others by given relevant info.. we all wish u and de rest of us HUAT too..
 

 
cwwan1
    18-Jan-2008 10:12  
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Cashiertan did u get some yesterday? hopefully u got some 
 
 
01550615
    18-Jan-2008 10:09  
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The guy is still kooning!!! HeHe!!!Smiley
 
 
zhenxian
    18-Jan-2008 10:08  
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This one more clearer.. Why so big spread?? Does this means that when halt lifted the price will shoot up to $1.5??

 

    Symbol Last   Description Mkt Chg % Chg Bid Ask Vol High Low Open Remark Bid Size Ask Size Tools  
Buy Sell B20   SGD   1.040   BIOSENSORS SG   0.000   0.000   1.500   1.020   0   0.000   0.000   0.000   H   10,000   155,000  
 

 
zhenxian
    18-Jan-2008 10:05  
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Hey~!

According to my DBSvickers trading system, someone is bidding at $1.5 but the asking price is $1.02???? how come so big different??

 

    Symbol Last   Description Mkt Chg % Chg Bid Ask Vol High Low Open Remark Bid Size Ask Size Tools
Buy Sell B20   SGD   1.040   BIOSENSORS SG   0.000   0.000   1.500   1.020   0   0.000   0.000   0.000   H   10,000   155,000  
 
 
allright
    18-Jan-2008 09:57  
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Analysts meeting at 12.30
 
 
01550615
    18-Jan-2008 09:46  
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Cheers!!! All bios supporters.... That's the way, Ah Ha!! Ah Ha!! I like it!!!

Thanks!! Bengster for your hardwork!!!

Now the katek die PAIN PAIN!!!

  
 
 
cyjjerry85
    18-Jan-2008 09:45  
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congrats to u guys having vested Smiley
 

 
allright
    18-Jan-2008 09:44  
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NEWS RELEASE

Biosensors Receives CE Mark Approval for its BioMatrix®

Drug-Eluting Coronary Stent System

Singapore, 18 January 2008 ?

?Company? or ?Biosensors?), today announced that the Company has received

Conformite Europeenne (?CE?) Mark approval for its BioMatrix® drug-eluting stent

system, enabling commercialization of this product in the European Union and the

countries in Asia and Latin America that recognize the CE Mark. The BioMatrix drugeluting

stent system, developed internally by the Company, consists of a unique drugeluting

stent that incorporates a biodegradable polymer and the Company?s proprietary

drug, Biolimus A9®, which inhibits restenosis, or re-narrowing of the arteries, following

stent implantation.

Terumo Corporation (?Terumo?), a licensee of Biosensors? BioMatrix technology, also

announced CE Mark approval for its NOBORI? drug-eluting stent system. In October

2003, Biosensors and Terumo entered into a licensing agreement that granted Terumo

the rights to sell the NOBORI drug-eluting stent system exclusively in Japan and nonexclusively

in countries outside Japan excluding the United States. Under this

agreement, Terumo will share a portion of the revenues from the sales of NOBORI with

Biosensors. In May 2007, Terumo commenced the clinical trial of the NOBORI drugeluting

stent system required for Japanese regulatory approvals.

?We are very pleased to have received CE Mark approval for our BioMatrix stent and

will immediately implement our strategy to make this product available in the approved

markets. Our growth potential in these markets is very strong, as BioMatrix and NOBORI

will be the only drug-eluting stents currently available which incorporate a

biodegradable polymer coating together with an immunosuppressive drug. Positive

clinical data position the BioMatrix stent system to be a potential break-through

product for patients and physicians,? stated Mr. Yoh-Chie Lu, Chairman and Chief

Executive Officer.

Professor Eberhard Grube, Chief of Angiology and Cardiology at Siegburg Heart Center in

Germany and a principal investigator for the BioMatrix clinical trial program

commented, ?BioMatrix will provide a valuable alternative to the drug-eluting stents

currently available to interventional cardiologists. The results from the BioMatrix clinical

trials have been consistently very positive and promising. The three-year follow-up data

released at the Transcatheter Cardiovascular Therapeutics Conference last year

continued to demonstrate BioMatrix?s superior results in terms of safety and clinical

effectiveness. The BioMatrix drug eluting stent has shown excellent procedural

performance and outcome characteristics.?

Mr. Lu added, ?We are also pleased with the timing of this approval, as the increasing

complexity of worldwide regulatory requirements will make it even more difficult to

introduce new technologies into the marketplace. We plan to commence a staged

launch of BioMatrix commencing 1 April 2008. The initial stage will be to introduce

BioMatrix through our existing distribution channels. We will expand these channels to

increase geographical coverage during the first half of our fiscal year beginning in April,

2008 and plan a significant ramp up in sales over the second half of our fiscal year.?

?Many years of effort devoted to developing the BioMatrix drug-eluting stent system

have been validated by this approval. We would like to take this opportunity to

recognize the contributions of our people and the collaborative efforts of our licensees,

especially Terumo Corporation, in achieving this milestone. This is truly an historic day

for Biosensors,? concluded Mr. LuBiosensors International Group, Ltd. (Bloomberg: BIG SP,

## End of Release ##

Media & Investor Relations

Singapore

Mr. Loh Chee Mun

Senior Vice President

Tel: (65) 62135708

Email: cm.loh@biosensors.com

United States

Allen&Caron Inc.

Mr. Matt Clawson

Executive Vice President, Investor Relations

Tel: (1) 949 474 4300

Email: matt@allencaron.com

About BioMatrix

BioMatrix offers the unique combination of an innovative anti-restenosic drug, Biolimus

A9

Biolimus A9 was designed specifically to maximize stent efficacy. In addition to effective

immunosuppressive and anti-inflammatory properties, the drug has a higher lipophilic

and hydrophobic profile than other drugs in its class, enabling the drug to be rapidly

absorbed into tissue, with reduced systemic exposure.

The PLA polymer fully degrades into water and carbon dioxide as the drug is released,

ultimately leaving in place a biocompatible stent surface. The polymer is coated onto

the outer (abluminal) side of the stent only, enabling the drug to be released to targeted

tissue. The internally-developed stent used in the BioMatrix system is designed for

increased flexibility in delivery.®, a biodegradable polymer, and advanced stent design.

About Biosensors International Group, Ltd

Biosensors develops, manufactures and markets innovative medical devices used in

interventional cardiology and critical care procedures. Biosensors is well-positioned to

emerge as a leader in drug-eluting stents and has developed a pipeline of nextgeneration

products that are set to gain market share from traditional therapies such as

conventional Drug Eluting Stent, bare-metal stents and open-heart surgery. Biosensors

has internally developed technology to address each components of a drug-eluting stent

system, including a stent, a stent delivery catheter, a biodegradable polymer and a

proprietary anti-restenosis drug. It has three separate drug-eluting stent programs,

BioMatrix

has licensed aspects of its drug-eluting stent technology to four companies.®, Axxion?, and BioMatrix® Freedom?, a polymer-free drug-eluting stent, and

Forward Looking Statements

Certain statements herein include forward-looking statements within the meaning of the

U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements

generally can be identified by the use of forward-looking terminology, such as ?may,?

?will,? ?expect,? ?intend,? ?estimate,? ?anticipate,? ?believe,? ?project? or ?continue? or

the negative thereof or other similar words. All forward-looking statements involve risks

and uncertainties, including, but not limited to, customer acceptance and market share

gains, competition from companies that have greater financial resources; introduction of

new products into the marketplace by competitors; successful product development;

dependence on significant customers; the ability to recruit and retain quality employees

as Biosensors grows; and economic and political conditions globally. Actual results may

differ materially from those discussed in, or implied by, the forward-looking statements.

The forward-looking statements speak only as of the date of this release and Biosensors

assumes no duty to update them to reflect new, changing or unanticipated events or

circumstances.

 
 
allright
    18-Jan-2008 09:40  
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Its confirmed on the SGX. BIG gets the CE mark
 
 
superbad2
    18-Jan-2008 09:37  
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Dun anyhow let go today. Today alot of people will sell off at discount (to the potiental price) .. If got guts should buy more.

Monday will chiong so high till u get altitude sickness!

idesa168
Master
Posted: 18-Jan-2008 09:17
x 0
x 0
Double Good News! CE Approval & Trading Halt today in the downturn. If mkt recovers in the afternoon then Halt lifted, we will all laughing to the bank. I am leting go all my holding when starts trading. Mkt sentiment not so good lately. Cheers.
 
 
superbad2
    18-Jan-2008 09:33  
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The original Article
http://www.europcronline.com/fo/exchange/news/detail_news.php?news_id=2331
 
 
OkieDokie
    18-Jan-2008 09:31  
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See website europcronline for the announcement made in the other part of the world. see www.biomatrix.com for the CE mark itself. Okie or not.
 

 
investor
    18-Jan-2008 09:29  
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Extracted from the Europcronline website - For info. BIOSENSORS receives CE Mark for its BioMatrix® DES with Biodegradable/BiolimusA9? technology January 17, 2008 ? Singapore ? Biosensors International Group, Ltd., today announced that it has received CE Mark approval for its BioMatrix® drug-eluting stent system, enabling commercialization of the product in most European countries, and in certain Asian, Middle Eastern and Latin American markets. Developed internally by Biosensors, BioMatrix is a unique drug-eluting stent (DES) system that combines a biodegradable PLA and the company?s proprietary limus drug, Biolimus A9®. ?We are very pleased to have received CE Mark for our BioMatrix DES system and will immediately implement our strategy to make this product available in approved markets. Our growth potential in these markets is very strong, thanks to the unique combination of a biodegradable PLA with an immunosuppressive drug. Positive clinical data position BioMatrix to be a potential break-through product for patients and physicians,? said Mr. Yoh-Chie Lu, Chairman and Chief Executive Officer of Biosensors. Prof. Eberhard Grube, Chief of Angiology and Cardiology at Siegburg Heart Center, Germany, and a principal investigator for the BioMatrix clinical trial program, commented, ?BioMatrix will provide a valuable alternative to the drug-eluting stents currently available. The results from the BioMatrix clinical trials have been consistently very positive and promising. The three-year follow-up data released at TCT 2007 continued to demonstrate BioMatrix?s superior results in terms of safety and clinical efficacy. The BioMatrix drug eluting stent has shown excellent procedural performance and outcome characteristics.? In addition to the positive results of its STEALTH I trial, Biosensors has ongoing and upcoming randomized clinical trials and post-market registries to monitor the long-term performance of the BioMatrix platform. ?We look forward to supporting physicians across Europe as we launch this exciting new product, and to helping them improve clinical outcomes for their patients,? said Jeffrey B. Jump, Managing Director of Biosensors Europe SA. Terumo Corporation also announced today that it has received CE Mark for its drug-eluting stent system, which incorporates Biosensors? DES technology. Under the terms of its licensing agreement with Biosensors, Terumo has the rights to sell its DES exclusively in Japan and non-exclusively outside Japan, excluding the United States. Biosensors has also licensed portions of its innovative DES technology to other companies developing specialized solutions for the treatment of long, complex lesions, multi-vessel disease and bifurcations. ?Today?s approval validates many years of effort toward developing the BioMatrix drug-eluting stent system. We would like to recognize the contributions of our employees and the collaborative efforts of our licensees in achieving this significant milestone,? concluded Mr. Lu. ? For product information about BioMatrix, please visit www.biomatrix.com ? For product sales inquiries, please email customer@biosensors.com ? For information about Biosensors, please visit our website: www.biosensors.com Note: You will be visiting sites outside of EuroPCRonline, we are not responsible for their contents. About BioMatrix® -------------------------------------------------------------------------------- BioMatrix® offers the unique combination of an innovative anti-restenotic drug, Biolimus A9®, a biodegradable poly-lactic acid polymer (PLA), and an advanced, highly flexible stent designed for enhanced deliverability. Biolimus A9 was designed specifically for use in drug-eluting stent systems. In addition to effective immunosuppressive and anti-inflammatory properties, the drug has a higher lipophilic and hydrophobic profile than other limus analogs, enabling rapid absorption of the drug into the targeted tissue and reduced systemic exposure. Precision automated coating ensures the PLA and drug combination is applied only to the abluminal (outer) surface of the stent. The PLA fully degrades into water and carbon dioxide as the drug elutes, ultimately leaving in place a biocompatible stent surface. About Biosensors International Group, Ltd. -------------------------------------------------------------------------------- Biosensors develops, manufactures and markets innovative medical devices used in interventional cardiology and critical care procedures. Biosensors has developed a pipeline of next-generation products that are set to gain market share from traditional therapies such as conventional DES, bare-metal stents and open-heart surgery. It has three separate drug-eluting stent programs, BioMatrix®, Axxion?, and BioFreedom?, a completely polymer-free drug-eluting stent. Source: Biosensors International Group, Ltd.
 
 
huatah
    18-Jan-2008 09:29  
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idesa.. i differ to your opinion but its your choice. BIG basically is super undervalue.. and even during tis week of consistency bombardment oni affected BIG by mere 0.025 from peak.. I could b totally wrong.. but i intend to let it find its stability first b4 letting go some.. there r good news coming out subsequently.... but i cant determine de time frames of these news..

however.. if u asked me to guess.. haha.. i guessssss oni okie.. Feb.. Mar.. each month one.. haha..

 
 
 
OkieDokie
    18-Jan-2008 09:27  
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why are we still talking about the announement requesting trading halt  when it is already a fact the CE Mark (S/no.0482) is in the bag. ????? See my earlier posting this morning ?

Let talk about how the market will react when trading resumes, let's talk about possibility of NASDAQ dual listing, let's talk about takeover play...

 
 
 
allright
    18-Jan-2008 09:26  
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I think he meant the announcement posted by okiedokie that BIG got the CE mark . I cant find it too
 
 
huatah
    18-Jan-2008 09:22  
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wahlau_eh.. alamak.. though u cant find there.. tis forum aso had attached the link mah... anyway..

attached for you again

Jan 17 2008
REQUEST FOR TRADING HALT


Announcement is submitted with respect to * BIOSENSORS INT'L GROUP, LTD.  
Announcement is submitted by * Loh Chee Mun  
Designation * Senior Vice President  
Date & Time of Broadcast 17-Jan-2008 17:22:44  
Announcement No. 00037  
 
 


>> Announcement Details
The details of the announcement start here ...
 


Date of Trading Halt * 18-01-2008  
Time of Trading Halt * 0900 hours  
Reasons for Trading Halt *
Pending for release of an announcement.  
 
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