Biovet

What Biovet does

Biovet, Inc. is a Quebec-based veterinary diagnostic laboratory founded in 1991 and operating as a disclosed affiliate of Mars, Incorporated. The company provides accredited diagnostic testing services for companion animals (dogs, cats, exotic species), equines, and livestock (cattle, pigs, poultry), as well as research centers. Biovet holds ACIA, CCN, and EquusLINK accreditations, enabling it to issue regulatory-recognized certificates including official equine infectious anemia (AIE) tests. Operations are run from two Quebec locations: the headquarters in Saint-Hyacinthe and a branch in Quebec City (L'Ancienne-Lorette), with a service area focused exclusively on the Quebec market.

The company's product portfolio spans reference laboratory testing using hematology, biochemistry, endocrinology, and PCR-based molecular diagnostics, alongside in-house manufactured diagnostic kits (KeyScreen GI Parasite PCR, Accuplex with C6, Nu.Q cancer test) and the AIS RapidRead AI-powered radiology interpretation tool. Biovet is also the Quebec distributor for Heska clinical analyzers, offering turnkey hematology, biochemistry, and endocrinology analyzer packages to veterinary clinics. Customers access results and manage supply orders through the Bionet online portal. Revenue mechanics combine recurring reference-lab testing volume, one-time diagnostic kit sales, and hardware/recurring-supply revenue from distributed Heska analyzers, with pricing handled through direct sales outreach rather than public disclosure.

Strategically, Biovet has prioritized product menu expansion (Wisconsin test and Accuplex C6 rolled out in 2025, AIS RapidRead introduced in 2024) over geographic expansion, maintaining a Quebec-only footprint. Mars corporate affiliation provides capital and ecosystem backing, while the company's competitive position rests on regulatory accreditations, proprietary branded diagnostics, and bundled equipment-plus-lab-service delivery rather than on scale advantages or technology disruption.

Name

Biovet

Legal name

Biovet, Inc.

Website

https://biovet.ca

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

51–100 employees

Short description

Biovet is an ACIA- and CCN-accredited veterinary diagnostic laboratory in Quebec, Canada, and an affiliate of Mars, Incorporated. It provides reference lab testing, manufactured diagnostic kits, and Heska clinical analyzers to companion-animal, equine, livestock, and research customers.

Ownership category

akta.pro rank

Product category

Veterinary Diagnostics

NAICS

Veterinary Services (54194), Veterinary Services (541940)

SIC

Services-Medical Laboratories (8071), In Vitro & In Vivo Diagnostic Substances (2835)

akta.pro primary industry

Reference Laboratory Testing (Clinical Pathology & Chemistry) (HLAMADAA)

akta.pro secondary industries

Veterinary Microbiology & Infectious Disease Testing (Culture/PCR/Serology) (HLAMADAC), Veterinary Diagnostic Laboratories & Pathology (AFAEANAF), Reproductive & Endocrinology Diagnostics (Fertility, Hormones) (HLAMADAF)

Keywords

• Veterinary diagnostics
• Animal health testing
• Diagnostic kits
• Clinical analyzers
• Laboratory services

Headquarters

HQ city

Saint-hyacinthe

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Veterinary Diagnostic Laboratory Services: Biovet operates as an accredited veterinary diagnostic laboratory providing analysis services for companion animals, equines, and livestock. The laboratory performs tests including hematology, biochemistry, endocrinology, and specialized disease screenings.
2. Diagnostic Kits Manufacturing and Sales: Biovet manufactures and sells diagnostic kits for veterinary use, including specialized tests for parasite detection and disease screening.
3. Clinical Analyzers Distribution: Distribution of Heska clinical analyzers (hematology, biochemistry, endocrinology) with turnkey solutions for veterinary clinics, providing equipment sales and ongoing supplies.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Biovet operates an accredited veterinary diagnostic laboratory in Quebec, Canada, performing analysis services (hematology, biochemistry, endocrinology, PCR pathogen detection) for companion animals, equines, livestock, and research centers. The company also manufactures proprietary diagnostic kits (Accuplex, Nu.Q, KeyScreen GI Parasite PCR) and distributes Heska clinical analyzers as turnkey in-clinic solutions.

Product overview

Biovet is a veterinary diagnostic laboratory offering a comprehensive portfolio of diagnostic services and products. The core offerings include laboratory diagnostic services for companion animals, equines, livestock, and research centers. These are complemented by clinical analyzers (Heska brand) for in-clinic hematology, biochemistry, and endocrinology testing, as well as proprietary diagnostic kits. Key products include Accuplex™ with C6 for canine vector-borne disease screening, the Nu.Q cancer test for dogs, KeyScreen® GI Parasite PCR for gastrointestinal parasite detection, and the AIS® RapidRead™ AI radiology interpretation tool. The company also provides online result access through its Bionet client portal.

Differentiator

Problem solved

Functional benefit

Brands

• Accuplex™: Diagnostic test for canine vector-borne diseases including C6 antigen detection.
• AIS® RapidRead™
• Nu.Q
• KeyScreen® GI Parasite PCR

Products and services

• Diagnostic Services for Companion Animals and Equines

Segments3 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core.

• HeskacoreChannel Partner/ Reseller/ DistributorBiovet serves as a distributor for Heska clinical analyzers in Quebec, offering a complete range of hematology, biochemistry, and endocrinology analyzers to veterinary clinics with turnkey solutions including installation and ongoing support.
• EquusLINKcoreTechnology or IntegrationBiovet is accredited to perform equine infectious anemia (AIE) testing with official EquusLINK certificates, enabling official disease certification for horses in Canada.
• Mars, IncorporatedcoreStrategic or Co-development PartnerBiovet is an affiliate of Mars, Incorporated, providing corporate backing and alignment with the broader Mars animal health ecosystem.
• ACIA (Agence canadienne d'inspection des aliments)coreStrategic or Co-development PartnerBiovet is accredited by the Canadian Food Inspection Agency for veterinary diagnostic testing, enabling official regulatory testing and certifications.
• CCN (Conseil canadien des normes)coreStrategic or Co-development PartnerBiovet holds certification through the Canadian Council on Standards, validating laboratory quality and testing methodologies.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• Neogen Corporation: Animal safety and food safety company offering diagnostic tests for livestock, including molecular diagnostics for parasites and infectious diseases. Comparable through livestock-focused diagnostic kits and laboratory services addressing similar veterinary use cases.
• Antech Diagnostics: Veterinary reference laboratory network owned by Mars Petcare offering comprehensive diagnostic services to veterinary clinics. Highly comparable as a sister diagnostics entity within the Mars ecosystem, directly competing in the same Canadian/US reference lab space.
• Heska Corporation: Veterinary diagnostics company specializing in in-clinic analyzers, diagnostic tests, and imaging. Direct peer given Biovet's role as a Heska distributor in Quebec and overlapping product portfolios in hematology, chemistry, and endocrinology analyzers.

Broad incumbents

• Eurofins Scientific: Global testing services group operating veterinary and agro-food diagnostic laboratories across multiple geographies. Comparable through reference lab services for animal health, though Eurofins operates across broader industries and geographies.
• Thermo Fisher Scientific: Global life sciences company providing diagnostic instruments, reagents, and laboratory services. Comparable through diagnostic substance manufacturing and analytical instrumentation that could substitute or compete with Biovet's reagent and analyzer portfolio.
• Zoetis: Global animal health company offering diagnostics, vaccines, and pharmaceuticals including point-of-care analyzers and reference lab services. Comparable through shared focus on veterinary diagnostics and livestock health, though Zoetis operates at global scale.
• Bio-Rad Laboratories: Manufacturer of clinical diagnostics and life science research products including veterinary diagnostic kits and PCR reagents. Comparable through diagnostic kit manufacturing and laboratory analytical instruments that overlap with Biovet's PCR-based offerings.
• IDEXX Laboratories: Global leader in veterinary diagnostics and reference laboratory services with companion animal and livestock testing. Highly comparable as both operate veterinary reference labs with proprietary test kits, though IDEXX is far larger and geographically diversified.

Emerging players

• Veterinary Diagnostics Institute: Specialized veterinary reference laboratory offering clinical pathology and molecular diagnostics. Comparable as a regional reference lab focused on animal health diagnostics with overlapping test menu including PCR and endocrinology.
• VitaNOVA Technologies: Niche veterinary diagnostic company developing molecular tests for companion animal and livestock infectious disease detection. Comparable as a smaller specialty diagnostics competitor with similar focus on PCR-based pathogen detection in veterinary markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/biovet

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Biovet