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Abaxis Inc. (ABAX)

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32.56 Down 0.02(0.06%) May 25, 4:00PM EDT|After Hours: 32.56 0.00 (0.00%) May 25, 4:47PM EDT

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Abaxis Inc.
3240 Whipple Road
Union City, CA 94587
United States - Map
Phone: 510-675-6500
Fax: 510-441-6150
Website: http://www.abaxis.com

Details 
Index Membership:N/A
Sector:Healthcare
Industry:Diagnostic Substances
Full Time Employees:N/A

Business Summary 

Abaxis, Inc. develops, manufactures, markets, and sells portable blood analysis systems for use in veterinary or human patient-care setting to provide blood constituent measurements for clinicians worldwide. The company offers point-of-care blood chemistry analyzer, which consists of a compact portable analyzer and a series of single-use plastic discs, called reagent discs, containing all the chemicals required to perform a panel of up to 14 tests on human patients and 13 tests on veterinary patients. It markets the blood analysis system under the Piccolo Xpress and Piccolo Classic names in the medical market; and under the VetScan VS2 and VetScan Classic names in the veterinary market. The company also provides VetScan HM5, VetScan HM2, VetScan HMII, and VetScan HMT hematology instruments for veterinary applications. In addition, its products include VetScan VSpro, which assists in the diagnosis and evaluation of suspected bleeding disorders, toxicity/poisoning, evaluation of disseminated intravascular coagulation, hepatic disease, monitoring therapy, and the progression of disease states. Further, the company offers VetScan VSpro fibrinogen test to provide in-vitro determination of fibrinogen levels in equine platelet poor plasma from a citrated stabilized whole blood sample; and i-STAT 1 that delivers blood gas, electrolyte, basic blood chemistry, and hematology results. Additionally, its products comprise Canine Heartworm Rapid Test to detect dirofilaria immitis in canine whole blood, serum, or plasma; Canine Parvovirus Rapid Test Kit to detect canine parvovirus antigen in feces; and VetScan Giardia Rapid Test to detect giardiasis, a gastrointestinal infection caused by the protozoan parasite Giardia. Abaxis sells its products through direct sales force and independent distributors. The company was founded in 1989 and is headquartered in Union City, California.

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Corporate Governance 
Abaxis Inc.’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Medium Concern), Compensation (High Concern), Shareholder Rights (Low Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Clinton H. Severson , 64
Chairman, Chief Exec. Officer and Pres
869.00K3.50M
Dr. Vladimir E. Ostoich Ph.D., 67
Co-Founder, VP of Gov. Affairs and VP of Marketing for Pacific Rim
512.00K218.00K
Mr. Alberto R. Santa Ines , 65
Chief Financial Officer, Principal Accounting Officer, VP of Fin. and Sec.
494.00K0.00
Mr. Donald P. Wood , 60
Chief Operations Officer
502.00K0.00
Dr. Kenneth P. Aron Ph.D., 59
Chief Technology Officer
517.00K768.00K
Amounts are as of Dec 30, 2011 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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