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Abaxis Increases Reagent Disc Offering for Physician Office Market With Release of BioChemistry Panel Plus
Date:11/12/2010

individual practice profitability."

With the Piccolo delivering lab-accurate blood chemistry results on-site in minutes, physicians can make confident treatment decisions while the patient is in their office, thereby increasing the speed and quality of care while reducing the unreimbursed time spent preparing labs and relaying patient results.  The capability to diagnose and treat in one visit can have a dramatic impact on practice throughput.  Clinics can see more patients each day by eliminating unnecessary call-backs and follow up visits due to standard 24-hour lab turnaround.  And, by having immediate results while they're in front of the physician, patients can experience the real impact of their compliance or non-compliance to treatment regimens, which can improve outcomes and reduce hospitalizations.

About AbaxisAbaxis develops, manufactures and markets portable blood analysis systems for use in any veterinary or human patient-care setting to provide clinicians with rapid blood constituent measurements.  The system consists of a compact, 5.1 kilogram (11.2 pounds), portable analyzer and a series of single-use plastic discs, called reagent discs that contain all the chemicals required to perform a panel of up to 14 tests on veterinary patients and 26 tests on human 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.

This press release includes statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act").  Abaxis claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act.  These forward-looking statements are often characterized by the terms "may," "bel
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