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Ross Labs nutritionals are 24% of Abbott's $9.2 bil. in 1994 sales; new products upcoming.

This article was originally published in The Tan Sheet

Executive Summary

ROSS LABS NUTRITIONALS GENERATES 24% OF ABBOTT's $9.2 BIL. TOTAL SALES in 1994, or about $2.2 bil. worldwide, and have a "tre-mendous global potential" for growth in both the pediatric formula and the adult medical nutritional markets, Ross Labs Division President Tom McNally said at the Alex. Brown Twentieth Annual Health Care Seminar in Baltimore May 17. The worldwide nutritional products market was $7.4 bil. in 1994, McNally said, with $2.1 bil. generated by medical nutritionals and $5.3 bil. from pediatric nutritionals.
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