ADVFN - Advanced Financial Network.
HOME» NYSE » A » ABT Stock Price » ABT Stock News

Abbott Labs Share News

 Abbott Laboratories Stock Price
ABT Stock Price
 Abbott Laboratories Stock Chart
ABT Stock Chart
 Abbott Laboratories Stock News
ABT Stock News
 Abbott Laboratories Company Information
ABT Company Information
 Abbott Laboratories Stock Trades
ABT Stock Trades

Abbott Buys AP214 Hormone From Action Pharma For $110 Million

DOW JONES NEWSWIRES Abbott Laboratories (ABT) took another step to enhance its renal-care pipeline by agreeing to acquire AP214, a hormone analogue that may prevent acute kidney injury during cardiac surgery, from Action Pharma A/S for $110 million in cash. The health-care company has been on a buying spree in recent years in order to reduce its dependence on the anti-inflammatory Humira as the drug's U.S. patent expires in late 2016. Abbott also is in the midst of separating into two publicly traded companies: a medical-products business and a pharmaceutical company to be named AbbVie. Abbott will acquire all global rights to develop and market AP214, and will be responsible for funding all future development and commercialization activities. No later milestone payments or royalties will be paid to the Danish biotech company Action Pharma. Abbott currently has two investigational treatments in development for chronic kidney disease: Bardoxolone, which is in Phase 3 development with Reata Pharmaceuticals, and Atrasentan, a compound discovered by Abbott being evaluated in a Phase 2b study. -By Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com

Stock News for Abbott Labs (ABT)
DateTimeHeadline
06/30/201617:59:01Statement of Changes in Beneficial Ownership (4)
06/29/201604:34:39Motion for preliminary injunction against ABT denied by US court...
06/24/201617:11:17Annual Report of Employee Stock Plans (11-k)
06/22/201609:00:00Abbott Hosts Conference Call for Second-Quarter Earnings
06/17/201617:06:51Statement of Changes in Beneficial Ownership (4)
06/17/201617:05:34Statement of Changes in Beneficial Ownership (4)
06/13/201617:30:36Securities Registration: Business Combination (s-4)
06/13/201609:00:00Abbott Announces Positive Results from Groundbreaking Study of...
06/10/201611:05:00Abbott Declares 370th Consecutive Quarterly Dividend
06/09/201602:00:15Aqua Bio Technology: Aqua Bio Technology ASA ex-dividend of NOK...
06/08/201618:00:00AmSurg, Envision Healthcare Hold Merger Talks
06/08/201608:54:39Aqua Bio Technology: Ordinary general meeting held on 8 June...
06/07/201609:16:18ABT: Update on U.S. lawsuit
06/06/201612:20:00Gilead's New CEO Faces Pressures on Hepatitis C Pills
06/03/201617:11:22Statement of Changes in Beneficial Ownership (4)
06/03/201617:10:55Statement of Changes in Beneficial Ownership (4)
06/03/201617:10:30Statement of Changes in Beneficial Ownership (4)
05/31/201611:04:47Specialized Disclosure Report (sd)
05/13/201601:35:19Aqua Bio Technology: Key information relating to cash dividend...
05/13/201601:30:42Aqua Bio Technology: Notice of annual general meeting

Abbott Laboratories and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad