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Abbott Ties Up With Biocon Unit To Develop Nutrition Products In India

BANGALORE -(Dow Jones)- U.S. drug maker Abbott Laboratories (ABT) has tied up with a unit of Indian biotechnology company Biocon Ltd. (532523.BY) to set up a research and development center for nutrition products. Abbott will set up the center in India in collaboration with Biocon's contract research unit, Syngene. More than 50 researchers and scientists will be based at the center, which is expected to open in June, the companies said in a joint statement Thursday. Syngene currently has a research tie-up with Bristol-Myers Squibb Co., under which it provides research and development services for the company's discovery and early drug development processes. -By Rumman Ahmed, Dow Jones Newswires; 91-9845104173; rumman.ahmed@dowjones.com

Stock News for Abbott Labs (ABT)
DateTimeHeadline
07/16/201421:16:22U.S. Hot Stocks: Hot Stocks to Watch
07/14/201418:35:14MARKET SNAPSHOT: U.S. Stocks: Dow Closes Above 17,000
07/14/201418:30:00MARKET SNAPSHOT: U.S. Stocks Rise On Earnings, M&A News
07/14/201418:24:15MARKET SNAPSHOT: U.S. Stocks: Dow Tops 17,000, Eyes Record Close
07/14/201418:23:23MARKET SNAPSHOT: U.S. Stocks: Dow Tops 17,000 Again As Citi Rallies
07/14/201418:23:10MARKET SNAPSHOT: U.S. Stocks: Dow Tops 17,0000 Again As Citi...
07/14/201418:21:57Abbott Flees Struggling Business to Explore New Deals -- Market...
07/14/201418:20:11MARKET SNAPSHOT: U.S. Stocks: Futures Climb; Citigroup Results...
07/13/201406:18:25MARKET SNAPSHOT: Tech, Bank Earnings To Test Economic Recovery
06/23/201418:00:13Abbott to Acquire Russian Drug Maker Veropharm
06/16/201402:30:09Abbott Laboratories Statement re Stock Retirement Program Annual...
05/19/201402:30:13Abbott Laboratories Statement re Current Report of Form 8-K
05/15/201418:00:08Third Point Adds New Stakes in American Airlines, Anheuser-Busch
04/29/201402:30:47Abbott Laboratories Statement re Current Report on Form 8-K
04/16/201413:41:44Abbott Labs Profit Falls 31%
04/16/201403:23:12Abbott Laboratories Statement re Proxy Materials
04/16/201403:23:12Abbott Laboratories Statement re Current Reports
04/13/201408:46:33MARKET SNAPSHOT: Google, Intel, IBM Outlooks To Trump Earnings...
02/14/201418:20:25Loeb's Third Point Took New Stakes in T-Mobile, Hertz, BlackBerry...
01/22/201413:24:11Abbott Labs Reports 44% Profit Decline -- Update

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