Full Description
Avitar, Inc. (Avitar), through its wholly owned subsidiary Avitar Technologies, Inc. (ATI), develops, manufactures, markets and sells diagnostic test products and hydrophilic polyurethane foam disposables fabricated for medical, diagnostics, dental and consumer use. During the fiscal year ended September 30, 2007 (fiscal 2007), the Company continued the development and marketing of point-of-care oral fluid drugs of abuse tests, which use the Company’s foam as the means for collecting the oral fluid sample. Avitar sells its products and services to employers, diagnostic test distributors, medical supply companies, governmental agencies and corporations. Through its wholly owned subsidiary, BJR Security, Inc. (BJR), the Company provided, until April 30, 2007, specialized contraband detection and education services.
Diagnostic Test Products and Drug Detection Services
The Company makes products and offers services for the diagnostic test applications. These products accounted for approximately 60% of the Company's revenue in fiscal 2007. The Company’s ORALscreen 4 and ORALscreen DRUGOMETER are oral fluid-based, rapid onsite assay systems for detecting drugs of abuse, such as opiates (including heroin, morphine, codeine and synthetic opiates like Oxycocone-Oxycontin, Percoset and Hydrocodone-Vicodin), cocaine (including crack), marijuana and methamphetamines (including Meth and Ecstasy). These tests are performed onsite and yield accurate results in a 5-15 minute period of time. In addition, Avitar offers ORALconfirm, an oral fluid laboratory test to confirm the results of ORALscreen tests, ORALscreenLab, a range of laboratory-based oral fluid drug screening products, and various other services to enable an employer to manage and control its drug testing program.
Foam Disposable Products
Avitar's Hydrasorb (Hydrasorb) wound dressing product is an absorbent topical dressing for moderate to heavy exudating wounds. These dressings have a construction that provides a moist wound healing environment, which promotes skin growth and closure. The Hydrasorb product is marketed by the Dukal Corp., Abbott Laboratories, Ltd. and other specialty distributors worldwide. In addition to the Hydrasorb line, the Company has custom-developed specialty wound dressings for the cardiac catheter lab market, as well as the Illizarov Dressing used for dressing external bone fixators in orthopedic procedures. Customers for these products include Smith and Nephew and Cardinal Health.
The Company continues to have applications for its technologies in a variety of other medical/consumer markets. They include a sinus dressing and a device used by astronauts for relieving ear pressure while in a pressurized space suit. Customers for these products include ArthroCare and National Aeronautics and Space Administration (NASA).
Avitar competes with Bristol Meyers Squibb, Johnson & Johnson, Smith and Nephew, 3M, Acme United, Varian Instruments, American BioMedica Corp., OraSure Technologies, Inc., Novacon, Concateno, PLC, Branan and Securetec Detektions-Systeme, AG.
