Abbott Labs
This article was originally published in The Tan Sheet
Executive Summary
Ross Products Division sales rose 6% to $497 mil. for the second quarter and 7.9% to $1.05 bil. for the first half. Ross, which markets infant formula and other nutritionals, is forming online and e-commerce alliances to strengthen its reach to new parents and health care professionals. In May, Ross announced a co-promotion agreement with maternity retailer Mother Works, and in June the division announced an exclusive agreement with KidsGrowth.com, an Internet destination for pediatricians, administrators, allied health professionals and parents