LICENSE AGREEMENTLicense Agreement • August 10th, 2009 • Abaxis Inc • Measuring & controlling devices, nec • Massachusetts
This license agreement provides Abaxis the co-exclusive opportunity to utilize these technologies to expand the Abaxis product portfolio and enter on a large scale the professional veterinary rapid diagnostic market. This includes point of care tests for infectious diseases, hormones and therapeutic drugs. The total market for these types of tests in the animal health and laboratory animal research is estimated to be over $100,000,000 in the United States alone.
EXCLUSIVE AGREEMENTExclusive Agreement • August 10th, 2009 • Abaxis Inc • Measuring & controlling devices, nec
THIS EXCLUSIVE AGREEMENT (“Agreement”) is made and entered into by and between Abbott Point of Care Inc., a Delaware corporation, having its principal place of business at 400 College Road East, Princeton, NJ 08540 (“Abbott”), and Abaxis, Inc., a Delaware corporation with offices at 3240 Whipple Road, Union City, CA 94587 (“Abaxis”), and effective as of May 1, 2009 (“Effective Date”).
