----- Original Message -----
From: Bond
To: ParanoidTimes@yahoogroups.com
Sent: Thursday, April 04, 2002 2:47 PM
Subject: [ParanoidTimes] FDA Clears Implantable Chip for Market in United States


FDA Clears Implantable Chip for Market in United States
The Associated Press
Apr 4, 2002 13:40 EST

PALM BEACH, Fla. (Dow Jones/AP) - The Food and Drug Administration has cleared
the way for Applied Digital Solutions Inc. to begin selling an implantable chip
that would contain personal identification and medical data, the company said
Thursday.

Applied Digital, Palm Beach, said it had received a letter indicating that the
FDA does not consider the chip a medical device under its jurisdiction.

VeriChip, a small device about the size of a grain of rice, emits a radio signal
and has been derided by some for its "Big Brother" implications. Applied Digital
has said it could prove invaluable in emergency situations when a patient is
either unconscious or can't otherwise reveal information.

VeriChip is expected to sell for about $200. A scanner used to read information
contained in the chip would cost between $1,000 and $3,000.

Shares of Applied Digital rose 4 cents, or 8 percent, to 52 cents in Thursday
midday trading on the Nasdaq Stock Market.

http://ap.tbo.com/ap/breaking/MGAQOYJYMZC.html




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