Keyword: Abbott

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Abbott Sticks to 2012 View, Despite Stronger Dollar

18.07.2012 - Abbott Laboratories reported quarterly earnings roughly in line with Wall Street expectations and stuck to its 2012 profit view despite the harsh effects of the stronger dollar, in...

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India to Give Free Generic Drugs to Hundreds of Millions

05.07.2012 - India has put in place a $5.4 billion policy to provide free medicine to its people, a decision that could change the lives of hundreds of millions, but a ban on branded drugs...

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US Top Court Rules for Glaxo on Overtime Pay

19.06.2012 - The U.S. Supreme Court ruled on Monday that pharmaceutical companies do not have to pay overtime to their representatives who visit doctors' offices to promote their products, a...

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Abbott Lifts 2012 Forecast

18.04.2012 - Abbott Laboratories reported better-than-expected quarterly sales and earnings, fueled by strong demand for its Humira arthritis drug and its wide array of prescription medicines...

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Nestle Near Deal for Pfizer's Baby Formula Unit

18.04.2012 - Pfizer is near a deal to sell its baby formula business to Swiss food giant Nestle for at least $9 billion, the Wall Street Journal reported on Tuesday. Citing people familiar with...

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Stefan Borgas Fired as Lonza CEO

26.01.2012 - Drugs industry supplier Lonza Group ditched Chief Executive Stefan Borgas after profit last year plunged by a third and warned 2012 would pose further challenges because of a...

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India's Piramal to Boost Financial Business

22.11.2011 - Diversified Indian conglomerate Piramal Group plans to lend up to $193 million to real estate projects in the current fiscal year to March as it focuses on building its newly...

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Abbott to Invest $230 Million in Chinese Facility

17.08.2011 - Abbott Laboratories announced that it will invest $230 million to build a state-of-the-art nutrition manufacturing facility in Jiaxing, China. The facility will manufacture premium...