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
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

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