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Abaxis Enters Into Definitive Agreement To Deliver 300 Piccolo Xpress Instruments For A Four-Year Drug Clinical Trial
Date:6/28/2012

en exploring a variety of approaches to broaden our markets for the Piccolo Xpress system. This pharmaceutical clinical trial project is consistent with our strategy of promoting to a wider audience the clinical, operational and cost-reducing benefits of lab-accurate real-time information for disease diagnosis, medication monitoring and disease management. We believe there are great opportunities ahead in this market segment."

About Abaxis
Abaxis develops, manufactures, and sells clinical chemistry analyzers for use in any human patient-care or veterinary setting to provide rapid blood constituent measurements.  The system consists of a compact, 5.1 kilogram (11.2 pounds), portable analyzer and a series of single-use disposable plastic discs, called reagent discs, that contain all the chemicals required to perform a wide variety of panel tests of up to 14 individual analytes for human patients and up to 13 tests for veterinary patients.  The system can be operated with minimal training and performs multiple routine tests on whole blood, serum or plasma samples.  The system provides test results in less than 12 minutes with the precision and accuracy equivalent to a clinical laboratory analyzer.  The Company also provides to the animal health and research market a line of hematology instruments for point-of-care complete blood counts (CBC) a specialty instrument to detect clotting disorders and to measure equine fibrinogen levels; a handheld instrument for the rapid assessment of certain critical care tests; and rapid point-of-care test for infectious diseases, such as Heartworm, Parvovirus, Lyme Disease and Giardia.  Also, the state-of-the-art commercial laboratory, Abaxis Veterinary Reference Laboratories (AVRL) provides routine laboratory testing as well as specialty testing for veterinarians nationwide. 

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