Abaxis signs distribution agreement With PSS World Medical

New York, Dec. 20 - Abaxis, Inc. said it has entered into a distribution agreement with PSS World Medical, Inc. to sell and market its complete line of human reagent rotors, as well as the Piccolo blood analysis system.

"We are pleased to partner with PSS World Medical to significantly expand the penetration of our Piccolo system into the medical market," said Clint Severson, chairman and chief executive officer of Abaxis, in a news release.

"Each medical instrument that is placed in the field will typically drive consumable rotor sales by a factor of more than three times compared to our traditional veterinary testing instrument. We think that partnering with an industry leader like PSS will help us to achieve the leverage, and consequently the recurring revenue, that we believe exists in this market."

Abaxis is a Union City, Calif., medical products company manufacturing point-of-care blood analysis systems.

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