Development and distribution of point-of-care blood diagnostics for human and veterinary medicine

Abaxis, Inc.

Union City, CA (USA) · Griesheim (DE)New on Amplifa

1989Founded (Mountain View, CA)

580+Employees (2018)

1992IPO (27 million USD)

2018Acquisition by Zoetis

About Abaxis

Abaxis, Inc. is a US medical technology company headquartered in Union City, California, specializing in point-of-care blood diagnostics for human and veterinary medicine. Founded in 1989 in Mountain View, CA, the company developed the portable blood analysis system Piccolo Xpress, which enables real-time blood chemistry diagnostics on site – with 17 Complete Chemistry Panels, 31 tests, 11 of which are CLIA-waived. The first commercial product was VetScan (1994) for veterinary medicine, followed by the human diagnostics technology Piccolo (1995). The company went public in 1992, raising 27 million USD. Since its acquisition by Zoetis in July 2018, Abaxis has been part of the animal health group Zoetis. For customers outside the USA, Abaxis operates a global support site in Griesheim, Germany, and distributes its products through a worldwide network of distributors.

Site: Union City, CA
Processes: Point-of-care blood diagnostics (Piccolo Xpress: 17 Complete Chemistry Panels, 31 tests, 11 of which, Technical support, Customer service, Distributor network, Training/instruction, Resource library (brochures, IFUs, manuals, MSDS, technical papers)
Materials: Piccolo Xpress, VetScan
Founded: 1989
Employees: 501-1,000 (LinkedIn)
Industries: Medical technology, Point-of-care diagnostics, Human medicine (primary care, urgent care), Veterinary medicine

01
Research and development
02
Development and manufacture of the diagnostic systems
03
Distribution via authorized regional distributors
04
Technical support and customer service
05
Training and instruction

Technology and Products

PIC

Piccolo Xpress

Portable blood analysis system for on-site blood chemistry diagnostics with 17 panels and 31 tests.

VET

VetScan

First commercial product (1994) for veterinary point-of-care diagnostics.

Locations

Union City, CA

Headquarters

Griesheim

Global Support (OUS)

Products

**Piccolo Xpress blood analysis system**Point-of-care diagnostics · Medical technology

Inside the production

Medical application in a point-of-care setting

Piccolo Xpress point-of-care blood analyzer

Industries

Medical technologyPoint-of-care diagnosticsHuman medicine (primary care, urgent care)Veterinary medicine

Additional services

Point-of-care blood diagnostics (Piccolo Xpress: 17 Complete Chemistry Panels, 31 tests, 11 of whichTechnical supportCustomer serviceDistributor networkTraining/instructionResource library (brochures, IFUs, manuals, MSDS, technical papers)

Reference customers

Leading medical facilities worldwide (not named individually)

History

1989
Founded by Gary H. Stroy, Richard Leute and Vladimir E. Ostoich in Mountain View, CA
1992
Headquarters relocated to Sunnyvale, CA; IPO with proceeds of 27 million USD; CEO Richard Leute steps down, succeeded by Gary Stroy
1994
Launch of the first commercial product VetScan
1995
Market launch of the human diagnostics technology Piccolo
2000
Headquarters moved to Union City, CA
2001
First net profit (188,000 USD)
2018
Acquisition by Zoetis completed in July