Abaxis Announces Search for New Vice President of Operations.SUNNYVALE, Calif.--(BUSINESS WIRE)--Oct. 10, 1997--ABAXIS Inc. (Nasdaq:ABAX ABAX Abaxial ), a medical products company manufacturing point-of-care blood analysis systems, Friday announced that the company has initiated a search to replace Paul R. Hemmes, Ph.D., as vice president of operations, who has left the company to pursue other interests. Clint Severson, president and chief executive officer commented: "We have begun interviewing appropriate candidates whose expertise can see us through the challenges we will face during our expansion over the next 12 months and beyond. We have formed an interim eight-person team, led by myself, and including senior representatives from production, manufacturing, engineering, materials, quality control, process development and finance. "The team will oversee day to day manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. and continue to focus on optimizing our manufacturing processes, allowing us to expand our capacity utilization Capacity Utilization measures the rate at which a firm makes use of their capital productive capacities, such as factories and machinery. Capacity Utilization generally rises when the economy is healthy and falls when demand softens. in order to meet the growing demand for our high performance products." Founded in 1989, ABAXIS develops, manufactures and markets portable blood analysis systems for use in any patient care setting to provide clinicians with rapid blood constituent measurements. The system consists of a compact, 6.9 kilogram kilogram, abbr. kg, fundamental unit of mass in the metric system, defined as the mass of the International Prototype Kilogram, a platinum-iridium cylinder kept at Sèvres, France, near Paris. , portable analyzer and a series of 8 cm diameter single-use plastic disks, called reagent reagent /re·a·gent/ (re-a´jent) a substance used to produce a chemical reaction so as to detect, measure, produce, etc., other substances. re·a·gent n. discs, that contain all the reagents necessary to perform a fixed menu of tests. The system can be operated with minimal training and perform multiple routine tests on whole blood using either venous venous /ve·nous/ (ve´nus) pertaining to the veins. ve·nous adj. Of, relating to, or contained in the veins. venous pertaining to the veins. or fingerstick samples. The system provides test results in less than 15 minutes with the precision and accuracy equivalent to a clinical laboratory. CONTACT: ABAXIS Inc., Sunnyvale Ting Lu, 408/734-0200 or Coffin Communications Group, Sherman Oaks, Calif. John Muir, 818/789-0100 |
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