Abbott Reports Q3 Results
Abbott has announced financial results for the third quarter ended Sept. 30, 2011
American-based pharmaceuticals and health care products company Abbott has announced financial results for the third quarter ended Sept. 30, 2011.
Abbott's worldwide sales increased 13.2 percent to $9.8 billion, including a favorable 5.3 percent effect of foreign exchange. Proprietary Pharmaceuticals sales increased 13.5 percent in the quarter. Durable Growth Business sales increased 15.3 percent, including double-digit growth in Nutritionals, Established Pharmaceuticals, Core Laboratory Diagnostics and Diabetes Care. Innovation-Driven Device Business sales increased 6.0 percent, including double-digit growth in Molecular Diagnostics.
Emerging markets sales were $2.6 billion, up 21.0 percent from the prior
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