Keyword: Abbott

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Blood Glucose Testing Strips Recalled by Abbott

23.12.2010 - Abbott Laboratories is recalling as many as 359 million blood glucose testing strips that could give false results to diabetics, the company and U.S. regulators said on Wednesday...

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Abbott to Pay $121.5 Million in False Claims Settlement

08.12.2010 - Abbott Laboratories and two other drugmakers will pay $421 million to settle allegations that they falsely inflated product prices to gain larger government reimbursement payments...

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Abbott Ends Auction of Vaccines Business-Company

03.09.2010 - Drugmaker Abbott Laboratories has decided against the sale of its European flu-vaccine business after initial bids came in below its expectations, a company spokeswoman confirmed...

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Sanofi's Best Bet Still May Be Smaller Deals

04.08.2010 - Sanofi-Aventis has grabbed the headlines with its $18.4 billion bid for Genzyme, but the French drugmaker may be wiser to stick with smaller, bolt-on acquisitions. Sanofi is trying...

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Solvay Q2 Operating Profit Jumps; Upbeat On Plastics

29.07.2010 - Belgium's Solvay, seeking acquisitions, rode rising plastics volumes to a 143% jump in quarterly operating profit from its plastics and chemicals units and said it expected...

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Abbott Looks to Sell its Flu Vaccine Unit

30.06.2010 - Abbott Laboratories is exploring the sale of its flu vaccine unit acquired as part of its purchase of Solvay's drugs unit. "Abbott is exploring the option to potentially sell the...

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Merck Health-reform Costs Below Rivals

26.04.2010 - Merck & Co said on Friday its costs related to recently approved U.S. healthcare reform will be about $170 million this year and $300 million to $350 million in 2011, which is a...

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Abbott to Buy Facet for $27/Share, Topping Biogen Bid

10.03.2010 - Facet Biotech has agreed to be acquired by Abbott Laboratories for $27 a share, topping a hostile offer of $17.50 a share made last year by Biogen Idec. Shares of Facet rose 67%...