Biosonics Sees A Profit Soon

Posted: May 07, 1987

Executives of the local research and development company Biosonics told shareholders yesterday that the company is pinning its immediate hopes to the success of an electronic device that can help people who have bowel control problems.

Food and Drug Administration approval of the Biosonics Anotron incontinence system paves the way for the company - which has spent more than $5 million developing new applications for electronics in medicine - to make the transition to manufacturing and marketing, according to chairman Jack Paller.

"We believe that 1987 will see the achievement of our first phase of success, namely, reporting of a profit," probably by the third quarter, Paller said.

Biosonics is also developing and testing an electronic device to stimulate the production of saliva for patients who have extreme dry mouth; an ''electronic antihistamine" nasal decongestant system and a device to treat urinary incontinence, among others.

Wigand announced that the company will move in June from its headquarters on Walnut Street to Mount Laurel, N.J.

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