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News in-depthUS economy
Wave of corporate exits sends chill through Chicago
...The medical device and healthcare company Abbott Laboratories, based on Chicago’s farther outskirts, has leased offices in the city’s most famous downtown skyscraper, the Willis Tower....
August 1, 2022
John Gapper
The painfully high price of Humira is patently wrong
...When the US drugs company Abbott Laboratories acquired a small division of the German chemicals group BASF for $6.9bn 23 years ago, its shares fell on fears that it had overpaid....
February 24, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Climate change
NYC pension schemes test support for climate action at bank meetings
...Almost half of the shareholders at healthcare company Abbott Laboratories and drug group McKesson supported Lander’s proposals concerning executive pay disclosures at those companies....
January 24, 2023
Pharmaceuticals sector
Merck defends tax approach against senator’s claims of avoidance
...It is seeking additional information from Merck and Abbott Laboratories to try to identify the loopholes and propose legislation to prevent tax avoidance....
August 7, 2022
LexCoronavirus treatment
Coronavirus testing: false positives Premium content
...In other words, tests that do not require a laboratory. Abbott Laboratories has emergency authorisation from the Food and Drug Administration for its rapid response test....
October 7, 2020
European companies
French medtech companies make strides on heart devices
...But transplants are limited by the supply of donor organs, and existing LVAD technologies marketed by Abbott Laboratories and Medtronic often lead to complications....
January 6, 2021
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Coronavirus
J&J and Abbott announce potential vaccine and rapid test
...Two US healthcare companies have brought new hope in the fight against coronavirus, with Johnson & Johnson announcing a potential vaccine that could be available early next year and Abbott Laboratories launching...
March 30, 2020
Technology sector
Five US tech giants spend combined $115bn on buying back stock
...Abbott Laboratories, Chevron and Gilead Sciences were also among those sharply increasing debt repayments....
November 13, 2018
#techFT
Xerox needs to add more paper
...SoftBank founder predicts WeWork V for Victory Masayoshi Son admitted today he had turned a “blind eye” to governance lapses at WeWork but promised a “sharp V-shaped recovery” for the shared offices provider...
November 6, 2019
Pfizer Inc
Pfizer and Mylan to combine off-patent drugs businesses
...Laboratories....
July 29, 2019
US & Canadian companies
Abbott revises $5.3bn Alere deal to end legal spat
...Abbott Laboratories, the US medical device company, has revised the terms of its planned $5bn-plus takeover of smaller rival Alere, ending a protracted legal battle between the two companies....
April 14, 2017
News in-depthCushman & Wakefield Inc
Cushman v the cleaner: the fight over non-competes
...She cleaned the general office space, rather than the laboratories, according to her sworn declaration filed in the case....
October 16, 2018
UK companies
Smith & Nephew replaces Bohuon as chief executive
...Laboratories last year....
April 4, 2018
Rana Foroohar
A light shines on the concentration of power in Silicon Valley
...One of his touchstones for anti-competitive behaviour is the late 1990s US v Microsoft case, in which the company was found guilty of using its operating system monopoly to stifle competitors like Netscape...
July 22, 2018
US & Canadian companies
AbbVie makes peace with Amgen over Humira patents
...AbbVie, which was spun off from Abbott Laboratories in 2013, saw its shares up more than 6 per cent in Thursday morning trading. Amgen shares were also up 1 per cent....
September 28, 2017
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
News in-depthThe Big Read
Quantum computing: the power to think outside the box
...Qubits v bytes: how quantum computing works Quantum computing taps into the quirky behaviour of sub-atomic particles, which bend our normal understanding of physics....
September 3, 2018
Special Report50 Ideas to Change the World
Liver success holds promise of 3D organ printing
...He places human embryonic and pluripotent stem cells — that have the potential to grow into nearly every cell of the body — in tiny ‘U’ or ‘V’ shaped dishes in the lab to grow them into different types of...
March 5, 2018
News in-depthThe Big Read
Big Tech vs Big Pharma: the battle over US patent protection
...Thanks to a series of court rulings since the mid-2000s, such as eBay v MercExchange in 2007, Mayo Collaborative Services v Prometheus Laboratories in 2012 and Alice Corp v CLS Bank in 2014, and the subsequent...
October 16, 2017
Cyber Security
Hacking medical devices is the next big security concern
...There are plenty of others, including St Jude Medical (acquired by Abbott Laboratories in January of this year), which is currently battling lawsuits relating to vulnerabilities in its implantable cardiac...
November 8, 2017
US & Canadian companies
Medtronic sells supplies unit to Cardinal Health for $6.1bn
...The deal comes at a time of major upheaval in the medical devices industry as large players such as Medtronic, Abbott Laboratories and Johnson & Johnson each try to narrow their focus to compete with smaller...
April 18, 2017
US & Canadian companies
Abbott sues to end $5.8bn deal for Alere
...Just 10 months after Abbott Laboratories announced with much fanfare its $5.8bn acquisition of diagnostic test provider Alere, the Chicago-based medical device maker is looking to walk away....
December 7, 2016
LexUS & Canadian companies
Abbott Labs/Alere: before and after
...For medical device companies Abbott Laboratories and Alere, the signing of their deal was just the beginning of the contretemps. Abbott’s shareholders should be asking why....
September 1, 2016
News in-depthUS & Canadian companies
The Whole Foods fight is Amazon’s chance to conquer supermarkets
...Mr Saunders says that, in buying Whole Foods, Amazon is also acquiring a larger laboratory for its experiments in bricks-and-mortar retailing, which have multiplied over the past two years — but only on...
June 16, 2017
LexUS & Canadian companies
Muddy Waters-St Jude: heart attack
...The main cushion, though, is that there is an agreed deal in place for Abbott Laboratories to acquire St Jude for about $84 a share, or $24bn. Such a deal would be difficult to unwind....
August 25, 2016
US & Canadian companies
Muddy Waters claims device maker vulnerable to hackers
...Shares in St Jude Medical — which Abbott Laboratories agreed to take over for $30bn in April — fell about 5 per cent to $77.82 on Thursday, despite the company denying the security problems....
August 25, 2016

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