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Abaxis signs supply agreement with BD diagnostics

Abaxis, a developer of point-of-care blood analysis systems, has signed a new 10-year supplier contract with BD (Becton, Dickinson and Company) for Orbos reagent beads at an approximate value of $30m.

Under the deal, Abaxis supplies dry reagents using the company’s patented technology-Orbos Discrete Lyophilization Process (the Orbos Process) to BD.

The contract enables the production of a precise amount of active chemical ingredient in the form of a soluble bead.

The aim of the agreement is to deliver active ingredients in a stable, pre-metered format.