3 ms·
Abaxis (manufacturers of the "Piccolo" systems, which seem to be lab-on-disc based and offer point-of-care operation) are an interesting company to compare to T
by dbcooper 11y ago
Abaxis (manufacturers of the "Piccolo" systems, which seem to be lab-on-disc based and offer point-of-care operation) are an interesting company to compare to Theranos. They seem to be able to perform small panels of assays (up to 14) on 100 µL samples [1] obtained by venipuncture.[2]
They are valued at $880M, and had ~ $200M revenue and $27M profit in the last financial year.
http://www.abaxis.com/about_us/history.html http://www.abaxis.com/about_us/history.html
[1] http://www.piccoloxpress.com/products/panels/function/ http://www.piccoloxpress.com/products/panels/function/
[2] http://www.piccoloxpress.com/wp-content/uploads/2015Revisions/400-7139-1RevP-ComprehensiveMetabolicReagentDisc.pdf http://www.piccoloxpress.com/wp-content/uploads/2015Revision...
- AndrewKemendo 11y agoThey are valued at $880M, and had ~ $200M revenue and $27M profit in the last financial year. If they were in startup world those numbers would probably make them over $1BN in valuation.
- pbreit 11y agoOnly if they are growing rapidly.