biovet

What biovet does

Biovet, Inc. is a Canadian veterinary diagnostic laboratory headquartered in Saint-Hyacinthe, Quebec, with a branch laboratory in Quebec City. The company operates as an affiliate of Mars, Incorporated and is accredited by the Canadian Food Inspection Agency (ACIA) for official Equine Infectious Anemia testing with EquusLINK certificates and by the Conseil canadien des normes (CCN) for diagnostic kit manufacturing. Biovet serves three primary customer segments: companion animal and equine practices, livestock operations (bovine, porcine, avian), and research centers across Canada.

The company's product and service portfolio comprises three pillars: (1) accredited laboratory diagnostic services including PCR-based molecular testing, hematology, biochemistry, endocrinology, and specialized assays such as KeyScreen GI Parasite PCR (screening 20 gastrointestinal parasites), Accuplex with C6 for vector-borne canine disease screening, Nu.Q cancer screening, and the Wisconsin Test; (2) distribution of Heska brand in-clinic analyzers (hematology, biochemistry, endocrinology) offered as turnkey solutions; and (3) in-house manufacturing of veterinary diagnostic kits. In 2024 Biovet also introduced AIS RapidRead, an AI-assisted radiological image interpretation tool, and maintains the Bionet online customer portal for result access and ordering.

Revenue is generated through recurring laboratory testing fees, one-time diagnostic kit and reagent sales, and hardware sales of in-clinic analyzers. Distribution is executed via direct sales to veterinary clinics, an e-commerce storefront (Biovet.ca/enligne), and field-supported turnkey installations. The company markets primarily through its corporate website and LinkedIn presence, targeting veterinary professionals rather than end consumers. Note: firmographic metadata also references an unrelated India-based veterinary vaccine manufacturer named Biovet; this analysis is based on the well-documented Canadian diagnostic laboratory entity.

Name

biovet

Legal name

Biovet, Inc.

Website

https://biovet-inc.com

Company type

Private

Operating status

Operating

Short description

Biovet, Inc. is an ACIA-accredited Canadian veterinary diagnostic laboratory in Quebec, serving companion animal, equine, livestock, and research center clients with PCR testing, in-clinic Heska analyzers, and diagnostic kits as a Mars, Incorporated affiliate.

Ownership category

akta.pro rank

Product category

Veterinary Diagnostic Services

NAICS

Medical Laboratories (621511), Medical and Diagnostic Laboratories (62151), Medical and Diagnostic Laboratories (6215)

SIC

Services-Medical Laboratories (8071), In Vitro & In Vivo Diagnostic Substances (2835), Laboratory Analytical Instruments (3826)

akta.pro primary industry

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

akta.pro secondary industries

Veterinary Microbiology & Infectious Disease Testing (Culture/PCR/Serology) (HLAMADAC), Molecular & Genetic Testing (Breed, Hereditary Disease, Oncology) (HLAMADAE), Laboratory & Point-of-Care Diagnostic Devices (Analyzers, Test Kits, Microscopy) (HLAMAFAI), Reproductive & Endocrinology Diagnostics (Fertility, Hormones) (HLAMADAF)

Keywords

• Veterinary diagnostic services
• Animal health diagnostics
• Veterinary laboratory testing
• Diagnostic test kits
• In-clinic analyzers

Headquarters

HQ city

Malur

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Laboratory Diagnostic Services: Biovet operates an accredited veterinary diagnostic laboratory providing analysis services for companion animals, equines, and livestock. Services include PCR testing, hematology, biochemistry, and specialized tests.
2. Diagnostic Kits: Biovet manufactures diagnostic kits for veterinary use, sold to clinics and laboratories.
3. In-Clinic Analyzers: Distribution of Heska brand hematology, biochemistry, and endocrinology analyzers to veterinary clinics with full turnkey solutions.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Biovet operates an accredited veterinary diagnostic laboratory offering PCR-based molecular testing, hematology, biochemistry, endocrinology, parasitology, and specialized disease screening for companion animals, equines, livestock, and research centers. The company also manufactures diagnostic kits and distributes Heska-branded in-clinic analyzers (hematology, biochemistry, endocrinology) as turnkey solutions, with results delivered through the Bionet online client portal.

Product overview

Biovet is a Canadian animal health diagnostic laboratory offering a comprehensive portfolio of diagnostic services and products. The portfolio consists of three main pillars: (1) Laboratory diagnostic services for companion animals, equines, livestock, and research centers; (2) In-clinic Heska analyzers for hematology, biochemistry, and endocrinology testing; and (3) Diagnostic kits including KeyScreen GI Parasite PCR for advanced GI parasite screening, Accuplex with C6 for vector-borne canine disease screening, the Wisconsin test, Nu.Q cancer test for dogs, and the AI-powered AIS RapidRead tool for radiological interpretation. Biovet operates an accredited laboratory and provides the Bionet online portal for clients to access their test results.

Differentiator

Problem solved

Functional benefit

Products and services

• Companion Animal & Equine Diagnostic Services Complete range of veterinary analyses for companion animals (cats, dogs), exotic animals, and equines provided through Biovet's accredited diagnostic laboratory, including official EIA testing with EquusLINK certificate issuance.
• Livestock Animal Diagnostic Services Complete range of veterinary analyses for cattle, pigs, and poultry, including parasitic profiling using qPCR and the Wisconsin test now performed in-house.
• Research Center Diagnostic Services Diagnostic laboratory services tailored for animal health research center facilities requiring accurate, accredited results for research applications.
• Heska In-Clinic Analyzers Complete range of Heska in-clinic analyzers covering hematology, biochemistry, and endocrinology, offered to veterinary clinics as turnkey solutions including equipment, training, and supplies.
• Diagnostic Kits Biovet-manufactured diagnostic kits produced under CCN accreditation to highest quality standards, sold to clinics and laboratories.
• KeyScreen GI Parasite PCR Advanced PCR-based gastrointestinal parasite screening test detecting 20 parasites in a single panel, used by veterinary clinics for routine parasite screening with higher accuracy and faster turnaround than traditional coproscopy.
• Accuplex with C6 Screening test for vector-borne canine diseases (such as Lyme and other tick-borne illnesses) offered through Biovet's laboratory, made available to veterinary clinics in Quebec.
• Wisconsin Test Wisconsin test now performed in-house at Biovet's accredited laboratory, serving veterinary clinics and livestock operations that previously had to send samples elsewhere.
• Nu.Q Cancer Test Cancer screening test for dogs offered as part of comprehensive veterinary care, supporting early cancer detection in canine patients through Biovet's laboratory services.
• AIS RapidRead AI-powered radiological image interpretation tool that assists veterinary clinics in analyzing diagnostic imaging, accessed through Biovet.

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• Antech DiagnosticscoreTechnology or IntegrationAntech Diagnostics provides Biovet with access to advanced diagnostic technologies including KeyScreen GI Parasite PCR, Accuplex with C6, and Nu.Q cancer tests. Biovet serves as the Canadian laboratory partner distributing Antech's molecular diagnostic products and tests.
• HeskacoreTechnology or IntegrationHeska provides in-clinic diagnostic analyzers (hematology, biochemistry, endocrinology) that Biovet distributes and supports for veterinary clinics. Biovet offers complete turnkey solutions including Heska equipment.
• Mars, IncorporatedflagshipStrategic or Co-development PartnerBiovet is an affiliate of Mars, Incorporated, providing access to corporate resources and global animal health expertise.

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• IDEXX Laboratories: Global leader in companion animal diagnostics, offering reference laboratory services, in-clinic analyzers, and rapid test kits. Directly comparable to Biovet across all three pillars but at vastly greater scale and geographic reach.
• Zoetis: Largest global animal health company with a growing diagnostics portfolio (Vetscan, reference lab services). Competes in both in-clinic analyzers and reference lab testing, overlapping with Biovet's Heska-distributed analyzer and lab service offerings.
• VCA Animal Hospitals / Antech (Canada): Network of animal hospitals and diagnostic laboratories with national footprint in Canada. Comparable in reference lab service offering and access to Antech's test menu, but operates at a larger clinic-integrated scale.
• Elanco Animal Health: Global animal health company offering pharmaceuticals and a diagnostics platform (Prevacent). Overlaps with Biovet in the broader animal health services market and competes for veterinary clinic spend.
• Virbac: Global animal health company with a diagnostics segment producing rapid test kits and lab services. Comparable to Biovet's diagnostic kit manufacturing and reference lab service offerings across companion animals and livestock.

Direct peers

• Antech Diagnostics: North American veterinary reference laboratory network and Biovet's primary technology partner. Competes head-to-head in reference lab services while also being the source of Biovet's proprietary molecular test menu, making it both a partner and competitive incumbent.
• Heska (Mars Petcare): Manufacturer of in-clinic veterinary hematology, biochemistry, and endocrinology analyzers that Biovet distributes in Canada. Comparable as the underlying equipment supplier to many of the same clinic customers Biovet serves.
• GD Animal Health: Veterinary diagnostic laboratory offering PCR, serology, and pathology services primarily for livestock and companion animals. Comparable to Biovet's livestock and companion animal diagnostic service lines, especially in parasitology and infectious disease testing.
• Abaxis (Zoetis): Manufacturer of point-of-care blood analyzers (VetScan) for veterinary clinics, now part of Zoetis. Comparable to Biovet's in-clinic analyzer distribution business, competing for the same clinic equipment budgets.

Others

• Patterson Veterinary: Major North American distributor of veterinary supplies, equipment, and diagnostics to clinics. Comparable as a competing channel for in-clinic analyzers and supplies, potentially overlapping with Biovet's Heska distribution business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/biovet-pvt-ltd

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