Abbott hospital product spin-off named “Hospira”
Executive Summary
Abbott's hospital products company will be named "Hospira" when it spins off in 2004. The name, suggested by an Abbott employee, edged out "Acubiq" in a vote by all Hospira employees. "Hospira is derived from the words hospital, spirit, inspire and the Latin word spero, which means hope," Abbott said. Abbott announced the spin-off of the division Aug. 22 (1"The Pink Sheet" Aug. 25, 2003, p. 13)...