Zoetis completes $2 billion acquisition of AbaxisAugust 1, 2018Zoetis Inc. announced on July 31 the completion of its acquisition of Abaxis, a developer, manufacturer, and marketer of diagnostic instruments for veterinary point-of-care services for approximately $2 billion. The acquisition, first announced on May 16, aims to enhance Zoetis' presence in veterinary diagnostics, a category of the animal health industry with approximately 10 percent compound annual growth over the last three years. "Abaxis, with its VetScan family of diagnostic instruments, …
SPONSORED CONTENTRevolutionize parvovirus care in your clinicPuppies treated with our Canine Parvovirus Monoclonal Antibody recovered faster: heading home from the clinic nearly two days earlier.1 Join 9 out of 10 satisfied veterinarians. + Read More
Zoetis to buy Abaxis for $1.9 billionMay 16, 2018In an effort to gain a greater foothold in the veterinary diagnostics category, Zoetis veterinary drug corporation will acquire Abaxis diagnostic equipment manufacturer in a $1.9 billion deal, which was announced Wednesday. The acquisition is expected to close before the end of the year. According to MarketsandMarkets research firm, the worldwide veterinary diagnostics market is expected grow from $2.3 billion in 2017 to $3.6 billion in 2022. Zoetis, …
K-State research center cumulative gift reaches $1MApril 24, 2018The Kansas State University Center of Excellence for Vector-Borne Diseases, an interdisciplinary research center in the College of Veterinary Medicine, has received a $1 million cumulative gift ($250,000 for each of the last four years) from Abaxis to further its mission of combating vector-borne diseases with a focus on pathogenesis, surveillance, and disease prevention. The Center of Excellence for Vector-Borne Diseases is at the forefront of research on issues influenced …
Abaxis gains USDA approval of VetScan FLEX4 Rapid TestJanuary 23, 2018Abaxis Inc., a diagnostics company manufacturing point-of-care instruments and consumables for the medical and veterinary markets worldwide, announced that the USDA, Center for Veterinary Biologics, approved its new VetScan FLEX4 Rapid Test for veterinary use. The FLEX4 is a 4-in-1 lateral flow test used for detecting heartworm antigen as well as antibodies for Lyme, Ehrlichia, and Anaplasma in canine whole blood, serum, or plasma samples. The VetScan FLEX4 Rapid Test offers …
