BioWorld® - Medical Device Daily

BioWorld Industrial Biotechnology StatReport: Immediate and Comprehensive Industry Information
FACILITIES: 329,000 sq. ft. of leased office and manufacturing space in Westbrook,
Maine
97,500 sq. ft. of leased industrial space in Memphis, Tenn.
40,000 sq. ft. of leased office and manufacturing space in Eau Claire, Wis.
48,000 sq. ft. of leased warehouse and office space in the Netherlands
STOCK-FINANCIAL HISTORY: NASDAQ--IDXX
IPO--1.6M shares at $15/share (6/91)
Public offering--1.5M shares of common stock at $20.50/share (4/92)
Two-for-one common stock split (10/93)
Two-for-one common stock split (6/95)
Public offering--4.6M shares of common stock at $35/share (9/95)
Revenue $638.095M (YE 05) compared to $549.181M (YE 04)
Net income $78.254M (YE 05) compared to $78.332M (YE 04)
Earnings per share $2.41/share (YE 05) compared to $2.29/share (YE 04)
Average shares outstanding 32.521M (YE 05) compared to 34.214M (YE
04)
Total assets $490.676M (YE 05) compared to $514.237M (YE 04)
SUBSIDIARIES/DIVISIONS: Three business segments: Companion Animal Group (CAG), Water testing
business and Food Diagnostics Group
BUSINESS STRATEGY: Manufacture, develop and market rapid test kits for food safety, quality
control, environmental testing and veterinary testing
AGREEMENTS: Name Products Content of Agreement Date
Alteon Inc. pimagedine as oral licensing
6/97
therapeutic for diabetes
and aging in companion
animals
agreement
Banfield, The Pet Idexx to provide Idexx five-year
5/05
Hospital®
VetLab laboratory
system and rapid assay
products to Banfield
hospitals
agreement
Beckman
Icon immunoassay worldwide licensing 6/86
Instruments Inc. technology for
veterinary diagnostics
and agricultural
applications
agreement
Becton Dickinson BD's hematology development and 10/93
and Co.
products and
marketing
technology for
veterinary markets
agreement
RESEARCH & DEVELOPMENT: Molecular biology, cellular biology, MAbs, immunoassays, membrane filter
delivery systems
Expansion of current EIA test system and micro fabrication technology
Immuno-based optical biosensors
Bacterial Ice Nucleation Diagnostic (BIND) pathogen test kits
Antibody development for antibiotics, toxins, microbial pathogens, pesticides
and environmental contaminants
New immunoassay formats for multi-analyte, one-step testing
PRODUCTS ON MARKET: More than 100 products, including over 50 immunoassays for infectious
diseases in swine, cattle, poultry, horses, cats and dogs
Tests for contaminants on food production surfaces and in milk or grain
Clinical chemistry, hematology, and electrolyte systems and reagents
Tests for environmental monitoring--E. coli, coliforms, and enterococci
ELISA test for B. abortus
LacTek residue screening test kits for milk
LacTek antibiotic residue test system
Sultamethazine serum/plasma test kit
Phytodetek plant growth regulator
Quantix workstation for petroleum/hydrocarbon contamination measurement
in soil and water
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