Related News
Home 禄 Business 禄 Manufacturing
Abbott sales grow in Q4
Source: Shanghai Daily |
February 1, 2011, Tuesday
|
Online Edition
Online Edition
ABBOTT said yesterday its worldwide sales increased 13.4 percent to nearly US$10 billion, despite an unfavorable 0.4 percent effect of foreign exchange rates.
Growth in the quarter was driven by worldwide pharmaceutical sales, which increased 22.5 percent, including the contribution from the Solvay and Piramal acquisitions, as well as worldwide vascular products sales, which increased 13.7 percent.
Abbott Nutrition products sales growth was flat. Growth in the United States during the quarter was negatively impacted by the infant nutritition recall that was announced in September. The company said the production resumed in October and it is recapturing market share.
A driver behind Abbott Nutrition International for many years, Thomas Chen retired from his post as Senior Vice President in the quarter. The Taiwanese is the first Asian that entered into Abbott's corporate decision team in its 118-year long history when he was granted the post to head Nutrition International in 2006 and tripled the business revenue in the following years.
Growth in the quarter was driven by worldwide pharmaceutical sales, which increased 22.5 percent, including the contribution from the Solvay and Piramal acquisitions, as well as worldwide vascular products sales, which increased 13.7 percent.
Abbott Nutrition products sales growth was flat. Growth in the United States during the quarter was negatively impacted by the infant nutritition recall that was announced in September. The company said the production resumed in October and it is recapturing market share.
A driver behind Abbott Nutrition International for many years, Thomas Chen retired from his post as Senior Vice President in the quarter. The Taiwanese is the first Asian that entered into Abbott's corporate decision team in its 118-year long history when he was granted the post to head Nutrition International in 2006 and tripled the business revenue in the following years.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
