Abbott Becomes First Anchor Sponsor For American Diabetes Association Health Equity Now Initiative
Abbott will commit $5m to support the ADA’s efforts to bring diabetes technologies and education to underserved diabetes populations.
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Abbott reported strong sales for diagnostics and devices in the third quarter and raised its full-year EPS guidance to $3.55 per share.
The company will use the proceeds to fund clinical trials, expand commercialization of its targeted radiation therapy, and file for CE marking in Europe.
Advanced Medical Solutions said it will buy Raleigh Adhesive Coatings for £22m in cash to bring silicone coating technology in-house.