Rochester,NY 9/2/2009 12:28:46 AM
ABAX, Abaxis Inc. Trades Down 72 Cents in the Late Afternoon.
Abaxis Inc.
ABAX, Abaxis Inc. Trades Down 72 Cents in the Late Afternoon.
Abaxis Inc, ABAX, a portable blood system analysis, developer and manufacturer began the day at 26.69, spiking to 26.99 which is 30 Cents high on volume of 184,048 shares. Till Mid Day the stock ranged from 25.65 - 26.99 with an average volume of 252,994 Shares for 3 months.
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Last Trade: 25.88
Day's Range: 25.65 - 26.99
52wk Range: 10.17 - 29.18
Change: Down 0.72 (2.71%)
Volume: 184,048
Avg Vol (3m): 252,994
ABOUT Abaxis Inc.
Abaxis, Inc. develops, manufactures, markets, and sells portable blood analysis systems for use in the human or veterinary patient-care setting to provide clinicians with rapid blood constituent measurements in the medical and veterinarian markets worldwide. Its products include Point-Of-Care Blood Chemistry Analyzer, which performs a panel of 14 tests on human patients and 13 tests on veterinary patients marketed under the Piccolo xpress and Piccolo Classic names in the human medical market and under the VetScan VS2 and VetScan Classic names in the veterinary market. The company products also include Reagent Discs that handle various technical steps of blood chemistry testing automatically; and VetScan HM5, VetScan HM2, VetScan HMII, and VetScan HMT hematology instruments, which offer blood count analysis for veterinary applications. In addition, its products comprise VetScan VSpro that assists in the diagnosis and evaluation of suspected bleeding disorders, toxicity/poisoning, evaluation of disseminated intravascular disease, hepatic disease and monitoring therapy, and progression of disease states; and VetScan Canine Heartworm Rapid Test, a test for the detection of dirofilaria immitis in canine whole blood, serum, or plasma. Further, Abaxis products consist of Orbos Discrete Lyophilization Process, which allows the production of active chemical ingredient in the form of a soluble bead, as well as involves in flash-freezing a drop of liquid reagent to form a solid bead and then freeze-drying the bead to remove water. The company markets and sells its products through a direct sales force in the United States and through independent distributors. Abaxis was founded in 1989 and is headquartered in Union City, California.
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