Pink Sheet is part of Pharma Intelligence UK Limited

This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction

Abbott Manufacturing Cuts Will Make Up For Lower Mobic Profits

This article was originally published in The Pink Sheet Daily

Executive Summary

Consolidation and staff reductions in global manufacturing operations are designed to improve gross margins, which have been negatively impacted by sales of lower margin products, such as Mobic and Flomax, which Abbott distributes under a deal with Boehringer. Abbott is cutting 700 manufacturing positions.

Topics

Latest Headlines
See All
UsernamePublicRestriction

Register

PS062538

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel