Company that markets flu test suffers from mild flu season

Tuesday, February 13th 2001, 12:00 am
By: News On 6

(Oklahoma City-AP) -- An Oklahoma City-based company that markets a flu test is ailing because of a mild flu season.

ZymeTx blames a $1.4 million net loss for the second quarter of fiscal 2001 on a light flu season. The company's only product is a flu test called ZstatFlu.

In a filing with the Securities and Exchange Commission, company officials say they may have to ask for additional working capital.

Officials say other options could include selling the company.

The manager of ZymeTx's Internet flu surveillance network says there is hope for the company's near future.

Doctor Robert Hudson says doctors are reporting more flu cases across the nation, with the hardest hit areas in the Southeast and mid-South.