Tenfold increase in the number of laboratory and medical products offered for auction and for sale in the last four months
In the past four months, LabX reports having greatly increased the number of laboratory and medical products offered for auction and for sale.
Since October 2003, LabX listings have increased from 5000 to more than 50,000 items.
"We are really excited by this large increase in listings on LabX in such a short period of time.
"We estimate that the value LabX delivers to our sellers has risen from US$30 million to over $60 million per year," says Bob Kafato, CEO of LabX.
The rapid growth in items and record numbers of registered buyers and sellers surging onto LabX is expected to continue.
Ken Piech, General Manager of LabX, states, "Our goal is to reach 100,000 transactable listings on LabX by May."