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Fda warns ad Original Source Link: (May no longer be active)    http://biz.yahoo.com/rc/021119/health_chip_2.html http://biz.yahoo.com/rc/021119/health_chip_2.html Reuters UPDATE - U.S. FDA warns Applied Digital on chip implant Tuesday November 19, 6:19 pm ET (Adds company comment, updates stock price) WASHINGTON, Nov 19 (Reuters) - Applied Digital Solutions Inc. (NasdaqSC:ADSX - News) has improperly marketed its implanted microchip for medical uses, U.S. regulators warned in a letter made public on Tuesday. The VeriChip is a scannable device, implanted under the skin, that contains a unique verification number. The company has said the chip has a variety of "security, financial, emergency identification and other applications." The U.S. Food and Drug Administration ruled in October that it would not regulate the VeriChip as a medical device unless it was sold for medical applications, such as providing access to information to assist with diagnosis or treatment. In the letter dated Nov. 8, the FDA said it "had understood from ADS's repeated assurances" that the company had no immediate intention of marketing the chip for medical uses without first consulting the agency. "We now see that ADS has resumed its marketing of the VeriChip for precisely these applications," said the FDA letter. Applied Digital Solutions President Scott Silverman, in a statement, said the company "has advised the FDA it is not marketing the VeriChip as a medical device or for medical applications." The letter, posted on the FDA Web site on Tuesday, was written by Philip Frappaolo, acting director of the compliance office in the FDA's Center for Devices and Radiological Health. "ADS's conduct flagrantly disregards FDA's prior comprehensive advice," the letter added. The FDA ordered the Palm Beach, Florida-based company to correct the marketing violations immediately. "If ADS continues to market the VeriChip for medical applications, FDA is entitled to initiate enforcement action without further informal notice," the letter said. Such actions may include seizing the product, preventing the company from further marketing the VeriChip or civil monetary penalties, the letter said. The company is going to work with the FDA to determine how it may properly market the chip for health-related uses, Applied Digital spokesman Matthew Cossolotto said. Applied Digital Solutions stock lost 1 cent, or 2.04 percent, to close at 48 cents on the Nasdaq market on Tuesday.

14implant.583 [jpg] Agreements russia colombia venezuela { July 23 2003 } All brits to be chipped in decade American passports to get chipped Animal shelter will give microchips Applied digital 2700 sales Applied digital faces nasdaq delisting { October 28 2003 } Applied digital pays ibm debt { June 30 2003 } British sex offenders chipped { November 17 2002 } Cars gps tracked for tax by mile in oregon Chip americans { November 15 2002 } Chip fda { April 5 2002 } Chip implant Chip implants cause tumors { September 9 2007 } Chip installed { May 9 2002 } Chip rollout in mexico Chips now implant { May 11 2002 } Chips Consumers pay for merchandise using microchips under skin Fda approves human chip { October 13 2004 } Fda approves impanted devices to treat psychiatric disorder { June 16 2004 } Fda warns ad German court issues arrest warrants for 13 cia agents { January 31 2007 } Get chipped charge without plasic you are the card Get chipped Human chips skin deep { August 23 2004 } Identify badge worn under skin approved { October 14 2004 } Implant chip fda { April 5 2002 } Jails using radio tags on inmates wrists { May 15 2005 } Japan plans gps tracking for kids { October 2 2003 } Japan schoolkids tagged with RFID chips { July 12 2004 } Little girl { September 3 2002 } Mexican judicial workers get chipped Microchip implants raise privacy concerns { June 2007 } New york first subdermal verichip { September 24 2003 } Paedophiles tracked satellite tags { September 21 2003 } Prisoners wearing gps tracking devices RDIF implanted in the hand by enthusiasts Subdermal gps device { May 13 2003 } Tracking keys pets kids Under skin chips to be used in hospitals { July 27 2004 } Verichip media { May 7 2002 } Wal mart idea to track products chip { July 18 2003 } Files Listed: 43

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