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

Gilead Sciences to Promote Low-Cost HIV Medicine in Developing World

By Chelsea Stevenson Gilead Sciences Inc. (GILD) said it plans to partner with Mylan Inc. (MYL), Ranbaxy Laboratories Ltd. (500359.BY) and Strides Arcolab Ltd. (532531.BY) to promote access to high-quality, low-cost generic versions of Gilead's HIV medicine emtricitabine in developing countries. The medicine includes single tablet regimens and fixed-dose combinations of emtricitabine co-formulated with other Gilead HIV medicines. Under the new agreement, Gilead will provide a technology transfer for the manufacture of emtricitabine as well as funding to reduce overall manufacturing costs. Emtricitabine is marked by Gilead under the name Emtriva and the fixed-dose is available under the name Truvada. But costs are an obstacle for high-volume production. More than 2.7 million patients living with HIV in developing countries are currently receiving a medicine innovated by Gilead and subsequently licensed to Indian generic partners, as part of the company's efforts to increase global access. Strides Arcolab Managing Director Arun Kumar said the partnership will also re-enforce commitments to provide affordable drugs in the tuberculosis and malaria fields. Gilead's second-quarter earnings slid last week as the company posted a double-digit increase in costs, which offset its strong revenue growth. Earlier this year, the company bought Pharmasset Inc. for more than $11 billion, expecting the company to help accelerate the development of treatments for hepatitis C. Write to Chelsea Stevenson at chelsea.stevenson@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Abbott Labs (ABT)
DateTimeHeadline
03/30/201510:19:38The Best Stocks To Buy This Week
03/30/201508:38:10Abbott Labs Files to Sell Nearly a Third of Its Mylan Stake
03/28/201502:11:30Dividend Achievers Top 20 Hits The Mark, Again
03/27/201517:11:55Statement of Changes in Beneficial Ownership (4)
03/26/201508:36:34Mylan Is One Of The Most Undervalued Generic Companies
03/26/201503:20:53Top Large Cap Stocks That Investors Can Buy Now
03/17/201507:56:35The Best Stocks To Buy This Week
03/15/201514:00:00Abbott's MitraClip® System Shown to Mend Hearts and Improve...
03/15/201514:00:00Abbott's MitraClip® System Shown to Mend Hearts and Improve...
03/13/201517:30:53Statement of Changes in Beneficial Ownership (4)
03/13/201517:04:26Proxy Statement (definitive) (def 14a)
03/12/201517:33:31Statement of Changes in Beneficial Ownership (4)
03/10/201509:49:34Current Report Filing (8-k)
03/09/201505:48:27The Top Scoring Stocks To Buy This Week
03/06/201516:38:31Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
03/05/201517:25:30Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
03/05/201516:48:27Amended Current Report Filing (8-k/a)
03/05/201509:01:35Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)
03/05/201508:34:17Automatic Shelf Registration Statement of Securities of Well-known...
03/05/201504:11:26Get Defensive With The Everyday American Portfolio

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 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad