Abbott Nutritionals Rise In Stature With Departure Of Branded Rx
This article was originally published in The Tan Sheet
Executive Summary
Abbott Laboratories’ nutrition business – one of four divisions in the remaining diversified medical products firm – gains importance with the firm’s plan to spin off its research-based branded pharmaceuticals business.
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Business & Finance In Brief
Merck CEO Frazier touts the value of OTCs for extending the drug life cycle; Abbott Nutrition plans nearly 40 product launches across 30 countries by 2017; Herbalife growth reflects global weight management and wellness concerns.
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