Samiksha Jaiswal (Editor)

Idexx Laboratories

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Type
  
Public

Number of employees
  
7,000 (Dec 31, 2016)

Founded
  
1983

Idexx Laboratories httpswwwmarketbeatcomlogosidexxlaboratorie

Traded as
  
NASDAQ: IDXXS&P 500 Component

Industry
  
Healthcare Diagnostic Substances

Key people
  
Jonathan W. Ayers( Chief Executive Officer, President, and Chairman)Brian P. McKeon( Chief Financial Officer )(Dec 31, 2016)

Stock price
  
IDXX (NASDAQ) US$ 149.41 +2.53 (+1.72%)9 Mar, 4:00 PM GMT-5 - Disclaimer

Revenue
  
1.77 billion USD (Dec 31, 2016)

CEO
  
Jonathan W. Ayers (28 Jan 2002–)

Headquarters
  
Westbrook, Maine, United States

Subsidiaries
  
Cardiopet Inc, Vet Med Lab ApS, IDEXX Europe B.V.

Profiles

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IDEXX Laboratories, Inc. (NASDAQ: IDXX) is an American multinational corporation engaged in the development, manufacture, and distribution of products and services for the companion animal veterinary, livestock and poultry, water testing, and dairy markets. Incorporated in 1983 and headquartered in Westbrook, Maine, and EMEA in Hoofddorp, Netherlands, IDEXX offers products to customers in over 175 countries around the world and employs approximately 7,000 people in full-and part-time positions (Dec 31, 2016). There are mainly three segments in the company, namely Companion Animal Group, Water, and Livestock and Poultry Diagnostics. In addition, the company also engages in SNAP tests to detect antibiotic drug-residue in milk and OPTI Medical point-of-care analyzers to measure electrolytes, blood gases, acid-base balance and other parameters. In November 2011, the Company acquired the research and diagnostic laboratory (RADIL) business of the College of Veterinary Medicine from the University of Missouri. In August 2013, the company acquired Madasa do Brasil Ltda.

Contents

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Companion Animal Group

The Companion Animal Group ("CAG") provides in-clinic laboratory analyzers for companion animals. Analyzers measure blood cell counts as well as levels of certain enzymes in blood or urine for the purpose of monitoring health conditions. Major products of this segment are the Catalyst Dx Chemistry Analyzer and the VetTest Chemistry Analyzer, Symmetric dimethylarginine (SDMA), ProCyte Dx Hematology Analyzer, the LaserCyte Hematology Analyzer, the IDEXX VetAutoread Hematology Analyzer, the SNAPshot Dx analyzer and so on, among other laboratory equipment and analytical services. Other areas of the CAG division are centered on diagnostic imaging and veterinary practice management software systems, including the flagship program Cornerstone, as well as DVMax (acquired from Sneakers Software, Inc., a New York City-based company, under terms of Ch. 11 reorganization [1]) in late 2012 [2]) and several legacy practice management software systems.

Water testing

The Water segment provides products to measure microbiological parameters in water. Products of this segment include the Colilert, Colilert-18 and Colisure tests. Water products are sold in over 120 countries around the globe.

Livestock and Poultry Diagnostics

The Livestock and Poultry Diagnostics division provides products to detect diseases in livestock and poultry. Products of this segment include tests for Avian Infuenza (AI), Bovine Viral Diarrhea Virus (BVDV), Porcine Reproductive and Respiratory Syndrome (PRRS) and Bovine Spongiform Encephalopathy (BSE or mad cow disease).

References

Idexx Laboratories Wikipedia