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Abbott Laboratories’ (NYSE:ABT) ID NOW test May Be Giving Inaccurate Test Results Due To “User Error”

The US FDA has warned that Abbott Laboratories’ (NYSE:ABT) rapid COVID-19 test might be having accuracy issues that might be due to user error. The FDA cited various studies that have raised concerns about the test’s accuracy when employed in making a quick diagnosis. Abbott’s rapid test could be giving inaccurate results Alex Azar, the […]

Abbott Laboratories (NYSE:ABT): Goldman Sachs Group Inc (NYSE:GS) Sees Nutritional Business As Key Driver Of Growth

Boston, MA 10/13/2014 (wallstreetpr) – Goldman Sachs Group Inc (NYSE:GS) expects nutritional business as a key driver for growth opportunities for Abbott Laboratories (NYSE:ABT). The brokerage believes that the company could use the untapped business opportunities in the sector for its future uptick. China Untapped Analyst David Roman said that there were untapped geographies for […]

BIOLASE Inc (NASDAQ:BIOL) Management Changes Announcement Boosts Stock Price

Boston, MA 06/18/2014 (wallstreetpr) – Leading manufacturer and distributor of dental lasers, BIOLASE Inc (NASDAQ:BIOL) announced significant changes in the management with the objective of strengthening its leadership, global competitiveness, and its focus towards professional customers, as well as, their patients. The changes were made following the Delaware Supreme Court order on June 12 on […]

AbbVie Inc (NYSE:ABBV) And Abbott Laboratories (NYSE:ABT) To Face Consolidated Lawsuits In Chicago

Boston, MA 06/09/2014 (wallstreetpr) – AbbVie Inc (NYSE:ABBV) and Abbott Laboratories (NYSE:ABT) are alleged to hide risks associated with the testosterone substitute AndroGel. Both the Chicago based drug makers are to face lawsuits in a court in Chicago now while several cases over the same issue are already pending in the U.S. District Court. Judge […]

Abbott Laboratories (NYSE:ABT) Boasts The Power To Acquire

Boston, MA 05/29/2014 (wallstreetpr) – Abbott Laboratories (NYSE:ABT) announced that it expects its acquisition of Chile’s biggest drugmaker, CFR Pharmaceuticals SA, to close in 3Q 2014. Abbott, earlier this month, offered to acquire CFR for $2.9 billion. The acquisition move adds the string of deals that the company intends to enter as it seeks growth […]

Abbott Laboratories (NYSE:ABT) May Face Legal Action – ABBV

Boston, MA 10/24/2013 (wallstreetpr) – An investigation has been launched by a law firm into potential violations of securities laws concerning the demerger of Abbott Laboratories (NYSE:ABT) and AbbVie Inc (NYSE:ABBV). Abbott had announced the demerger in October 2011 as the businesses had evolved in two separate entities. Abbott would continue to focus on drug manufacturing and […]

Abbott Laboratories (NYSE:ABT) Charm Investors With 75% Hike In Dividend, Now Share Are Up

Boston, MA 10/18/2013 (wallstreetpr) – In the Q3.13 earnings report, Abbott Laboratories (NYSE:ABT) has succeed to beat analysts in their estimates and also excite its investor community. The earnings reflect three months performance for the trading period ending September 30, 2013.  The health care company has reported $0.55 earnings per share on revenue of $5.369 billion. Perhaps […]

Profits Down By 50% For Abbott Laboratories (NYSE:ABT)

Boston, MA 10/17/2013 (wallstreetpr) – Abbott Laboratories have been in a roller coaster ride for some months now but the biggest shock for the company was when its 3Q13 earnings fell almost 50% as a result of its specialty pharmaceuticals business, AbbVie Inc. The quarterly dividend was also raised by 57% to 22 cents per share […]

Major Drug Makers; Johnson & Johnson (JNJ) and Eli Lilly (LLY) Database Collaboration – JNJ, PFE, BMY, MRK, ABT

On Monday, current three major drug makers Eli Lilly & Co. (NYSE:LLY), Johnson & Johnson (NYSE:JNJ), and Merck & Co., Inc. (NYSE:MRK) have decided to collaborate on a database that will assist speed up the investigational drug testing process. The firm will each contribute to a database, which will be made of doctors, hospitals and […]

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