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Abaxis Point-of-Care Test Panels Gain FDA CLIA-Waived Status
Date:12/11/2008

Healthcare Professionals Now Have Greater Access to Renal Function and MetLyte 8 Panels for On-Site Testing

UNION CITY, Calif., Dec. 11 /PRNewswire-FirstCall/ -- Abaxis, Inc. (Nasdaq: ABAX), a medical products company manufacturing point-of-care blood analysis systems, today announced that the U.S. Food and Drug Administration (FDA) has granted waived status under CLIA regulations for two additional analytes, Creatine Kinase (CK) and Phosphorus (Phos), when used by healthcare professionals in conjunction with the Piccolo(R) and Piccolo Xpress(TM) point-of-care analyzers. As a result of their new waived status, healthcare professionals now have greater access to the Renal Function and MetLyte 8 Panels and can conduct this testing at the point-of-care under a simple certificate of waiver.

The Renal Function Panel is a standard panel mostly used for determination of renal function status. The MetLyte 8 is commonly used to assess a variety of metabolic conditions across several specialties, including pediatrics and cardiology. With the waiver of these two panels, 11 of the company's 13 medical test panels have CLIA-waived status.

"The waiver of these two panels bolsters our already comprehensive offering to healthcare professionals, enabling them to conduct important testing at the point-of-care in order to manage patients in real time," said Clint Severson, chairman and chief executive officer of Abaxis, Inc. "We believe rapid and accurate diagnostic testing can lead to improved patient care while reducing some of the administrative burden healthcare practices face on a daily basis."

The company's waived panels are utilized in a wide range of healthcare practices, including oncology, radiology, primary care, internal medicine, and urgent care clinics. The company's Comprehensive Metab
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SOURCE Abaxis, Inc.
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