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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
04/23/201513:04:14Abbott Laboratories Price Target Raised to $48.00 at JPMorgan...
04/23/201509:37:24Abbott Laboratories's Buy Rating Reaffirmed at Deutsche Bank...
04/23/201509:27:50Abbott Laboratories Stock Rating Reaffirmed by Barclays (ABT)
04/23/201504:30:47Stifel Nicolaus Boosts Abbott Laboratories Price Target to $53.00...
04/22/201512:56:09Correction to Abbott Labs Earnings Headlines, Articles
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04/13/201510:00:00Boston Athletic Association And Abbott Announce Multiple-Year...
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04/10/201517:01:51Current Report Filing (8-k)
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04/08/201512:48:19Mylan Bids $205/Share for Generic Drug Maker Perrigo--3rd Update
04/08/201512:40:10Mylan Bids $205/Share for Generic Drug Maker Perrigo--3rd Update

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