Go Back   MajorWager Forums > MW - Online Sportsbooks > Stock Talk
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

Stock Talk Stock tips, opinions and analysis

LinkBack Thread Tools
  #1 (permalink)  
Old 10-25-2004, 04:57 PM
bazanster2 bazanster2 is offline
Two Star General
Join Date: Jul 2001
Posts: 8,093
Default ADSX and DOC update

WASHINGTON, Oct 13 (Reuters) - A computer chip that is implanted under the skin won U.S. approval
on Wednesday for use in helping doctors quickly access a patient's medical history.

The VeriChip, sold by Applied Digital Solutions Inc. (ADSX,Trade), is placed in the upper arm in a
painless procedure that takes minutes, the company said. Shares of Applied Digital jumped 68
percent to $3.57 on the Nasdaq stock exchange.

About the size of a grain of rice, the chip contains an identification number that corresponds to
health information in a computer database.

A handheld scanner can retrieve the patient's number from the chip, which emits radio waves
when activated.

Proponents hope doctors will use the technology to find vital information about patients who
are unconscious or having trouble communicating. The database could include details on
medication use, allergies and major health problems.

The chip implants have been used for years for various purposes such as identifying lost pets.
But Applied Digital was not allowed to market the chips for medical use in the United States
until the company received clearance from the Food and Drug Administration on Wednesday.
Reply With Quote

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

All times are GMT -4. The time now is 02:00 PM.

Please be advised that if you are wagering over the internet, this is illegal in many jurisdictions. A wagering site may be operating legally at their location but it may still be illegal for you to wager from your location. We suggest you check on the legal situation from any jurisdiction in which you may wager.

Search Engine Optimization by vBSEO 3.0.0 RC6