| Business Summary | | Abaxis,
Inc.
develops,
manufactures
and
markets
portable
blood
analysis
systems
for
use
in
any
patient-care
setting
to
provide
clinicians
with
rapid
blood
constituent
measurements.
The
Company's
primary
product
is
a
system
consisting
of
a
compact
6.9
kilogram
analyzer
and
a
series
of
single-use
plastic
discs
(reagent
discs)
containing
all
of
the
chemicals
required
to
perform
a
panel
of
up
to
12
tests.
The
system
can
be
operated
with
minimal
training
and
performs
multiple
routine
tests
on
whole
blood,
serum
or
plasma
using
either
venous
or
fingerstick
samples.
The
system
provides
test
results
in
less
than
15
minutes
with
the
precision
and
accuracy
equivalent
to
a
clinical
laboratory
analyzer.
The
Company
currently
markets
this
system
for
veterinary
use
under
the
name
VetScan
and
Vetscan
HMT
(DXS
System)
and
in
the
human
medical
market
under
the
name
Piccolo. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Abaxis
develops,
manufactures
and
markets
portable
blood
analysis
systems
for
use
in
any
patient-care
setting
to
provide
clinicians
with
rapid
blood
constituent
measurements.
For
the
three
months
ended
6/30/01,
revenues
rose
6%
to
$7.5
million.
Net
income
fell
72%
to
$117
thousand.
Revenues
reflect
increased
unit
sales
of
VetScan
DXS
and
reagent
disc.
Net
income
was
offset
by
an
increase
in
cost
of
revenues. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Clinton Severson, 52 Chairman,
Pres, CEO | $312K | Robert Milder, 50 VP
of Operations | 198K | Michael Mercer, 46 VP
of Domestic Marketing and Sales | -- | Vladimir Ostoich, Ph.D., 54 VP
of Engineering | 235K | Kenneth Aron, Ph.D., 47 VP
of R&D | -- | Dollar amounts are as of 31-Mar-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|