Immucor (BLUD), based in Norcross, Georgia, sells reagents for blood testing to health care providers. Its revolutionary machine, the ABS2000, has been pending FDA approval for over a year and should have its application acted upon in the next few months. The ABS2000 automatically performs the basic 8 blood tests automatically, in much shorter time and at a great saving of lab technician time. Three blood samples are taken and the results are printed out or displayed by the machine's software.
The stock has been moving up strongly the past few weeks. Any comments? |