Idexx Laboratories

Not to be confused with IDEX Corporation.
IDEXX Laboratories, Inc.
Company typePublic
IndustryHealthcare
Founded1983; 41 years ago (1983)
FounderDavid Evans Shaw[1]
Headquarters
Westbrook, Maine
,
U.S.
Key people
RevenueIncrease US$3.66 billion (2023)
Increase US$1.10 billion (2023)
Increase US$845 million (2023)
Total assetsIncrease US$3.26 billion (2023)
Total equityIncrease US$1.48 billion (2023)
Number of employees
c. 11,000 (2023)
Websiteidexx.com
Footnotes / references
[2]
Idexx Laboratories office in Markham, Canada

IDEXX Laboratories, Inc. is an American multinational corporation[3][4] 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 by David Evans Shaw, the company is headquartered in Westbrook, Maine, and in Hoofddorp, Netherlands for its EMEA divisions.[5]

IDEXX offers products to customers in over 175 countries around the world and employs approximately 9,200 people in full-and part-time positions (as of 7 February 2020).[6] There are three main segments of the company: Companion Animal Group, Water, and Livestock, Poultry and Dairy (LPD). In addition, the company also manufactures and sells pet-side SNAP tests for a variety of animal health diagnostic uses.

In 2002, Jon Ayers succeeded company founder Shaw as chairman and CEO. During Ayers 20-year tenure, the company's annual revenue grew from $380 million to $3 billion, raising share prices by more than 100 times.[7] In 2019, Jay Mazelsky succeeded Ayers in the role of CEO.[8]

  1. ^ "Idexx Laboratories, Inc". U.S. News. Retrieved February 7, 2023.
  2. ^ "IDEXX Laboratories 2023 Annual Report (Form 10-K)". www.sec.gov. U.S. Securities and Exchange Commission. 22 February 2024. Retrieved 22 February 2024.
  3. ^ "465757_idxx5cc4shak6.pdf" (PDF). www.spice-indices.com. [dead link]
  4. ^ "Today's Stock Market News and Analysis from Nasdaq.com". Nasdaq.com.
  5. ^ Corrinne Hess (September 8, 2017). "Maine-based veterinary lab testing company opening office in Brookfield". BizTimes.
  6. ^ "2019 Annual Report - IDEXX US" (PDF). Idexx.com. Archived from the original (PDF) on 2017-06-29. Retrieved 2017-02-13.
  7. ^ "The Giving Pledge Welcomes 14 New Signatories". Panthera.org. Retrieved February 7, 2023.
  8. ^ "Idexx's Ayers steps down as CEO and president". todaysveterinarybusiness.com. October 24, 2019.