Arch Therapeutics (ARCH) Targets Hemostasis Division of Growing $52 Billion In-Vitro Diagnostics Market
http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=1029147&ProfileId=051205&sourceType=1NEW YORK, NY -- (Marketwired) -- 06/24/13 -- The following is an investment opinion highlighting Arch Therapeutics (OTCQB: ARTH), Neuralstem (NYSE: CUR), StemCells (NASDAQ: STEM) and Osiris Therapeutics (NASDAQ: OSIR). The current In-Vitro Diagnostics (IVD) market includes immunochemistry, molecular diagnostics, blood donor screening, hematology, hemostasis, and point-of-care testing. As per a new research report by RNCOS Industry Research Solutions, "In Vitro Diagnostic Market Analysis to 2017," IVD Industry represents one of the most lucrative segments in the global Healthcare Industry. The size of the global IVD market was in excess of $52 Billion in 2012 and is expected to rise at a CAGR of 7% through 2017. (http://beforeitsnews.com/healthcare/2013/04/ivd-market-to-cross-us-70-billion-by-2017-2446570.html)
As more companies like Neuralstem (NYSE: CUR), StemCells (NASDAQ: STEM) and Osiris Therapeutics (NASDAQ: OSIR) come online with products developed around biologic stem cell usage and natural occurring progenitor cells, the industries market fragmentation should begin to dissipate.
New comer Arch Therapeutics (OTCQB: ARTH), has recently unveiled its Hemostatic Agent; AC5 to the world to rave reviews. AC5 has seen dramatic improvement in hemostasis with animal testing. Hemostasis occurred over 30 times faster than control use of saline and 10 times faster than the use of cauterization. AC5 stops bleeding promptly. Unlike many competitive products, it conforms to irregular wound geometry, allows for normal healing, and helps maintain a clear field of vision. Because it is not sticky or glue-like, it is ideal for use in the laparoscopic setting -- a challenge for much of the competition. Furthermore, it is transparent, enabling a surgeon to operate through it in order to prophylactically stop bleeding as it starts. Importantly, time to hemostasis for AC5 is typically measured in seconds, rather than the many minutes of the much of the competition. In preclinical tests, AC5 has been simple, effective, and versatile. For more information on Arch Therapeutics, please visit www.archtherapeutics.com.
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