BIOCONTROL TECHNOLOGY INC
8-K, 1995-11-13
ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS
Previous: ARDEN GROUP INC, 10-Q, 1995-11-13
Next: BIOCONTROL TECHNOLOGY INC, 8-K, 1995-11-13





                       SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C.  20549


                                    FORM 8-K


                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934

                              ___________________


        Date of Report (Date of earliest event reported)October 26, 1995

                          BIOCONTROL TECHNOLOGY, INC.
             (Exact name of registrant as specified in its charter)



        Pennsylvania                     0-1822             25-1229323
        (State of other jurisdiction     (Commission        (IRS Employer
        of incorporation)                File Number        Identification no.)


              300 Indian Springs Road, Indiana, Pennsylvania 15701
              (Address of principal executive offices) ( Zip Code)


       Registrant's telephone number, including area code (412) 349-1811



       _________________________________________________________________
                        (Former name or former address,
                         if changes since last report.)

<PAGE>

       Item 1.        Change in Control of Registrant.
                      Not applicable.

       Item 2.        Acquisition or Disposition of Assets.
                      Not applicable.

       Item 3.        Bankruptcy or Receivership.
                      Not applicable.

       Item 4.        Changes in Registrant's Certifying Accountant
                      Not applicable.

       Item 5.        Other Events.
                        On October 26, 1995, Biocontrol Technology, Inc.
                      (NASDAQ:BICO)  announced that its subsidiary, Diasense,
                      Inc., has received a $32.5 million contract from IMACO
                      Gesellschaft fur Non Invasive Systeme, GmbH (IMACO) for
                      the Diasensor 1000 noninvasive glucose sensor for
                      diabetics.

                        The agreement, which is supported by Irrevocable
                      Letters of Credit, gives Saalfeld, Germany-based IMACO
                      exclusive distribution in Germany of the Diasensor 1000
                      and requires IMACO to purchase a total of 5,100
                      machines in 1996.
                        IMACO Saalfeld's parent company IMACO Lubeck, has
                      been in medical equipment distribution for years
                      (specializing in diabetic equipment).  IMACO will have
                      full responsibility for the marketing costs of the
                      machines purchased.

                        The patented Diasensor 1000, the world's first
                      noninvasive glucose sensor, will eliminate the
                      inconvenience and discomfort of finger pricks now
                      necessary for diabetics to measure their glucose levels
                      with currently available invasive glucose meters.
                      Diasensor 1000 uses infrared light to measure the
                      glucose levels in a diabetic's tissue without the need
                      to draw blood.

       Item 6.        Resignation of Registrant's Directors.
                      Not Applicable

       Item 7.        Financial Statement, Pro Forma Financial Information
                      and Exhibits.

                      (a)  Financial Statements and Businesses Acquired
                           Not Applicable.

                      (b)  Pro Forma Financial Information - Not Applicable.

                      (c)  Exhibits - News Release


<PAGE>

                                   SIGNATURES


          Pursuant to the requirement of the Securities Exchange  Act
       of 1934, the Registrant has duly caused this Report to be signed
       on its behalf by the undersigned hereunto duly authorized.


                                        BIOCONTROL TECHNOLOGY, INC.


                                        by /s/    Fred E. Cooper
                                                  Fred E. Cooper, CEO
DATED: October 26, 1995



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission