Abbott and the Big Ten Conference have launched the "We Give Blood" drive, a nationwide competition among all 18 Big Ten universities to increase blood donations amid a national blood shortage declared by the American Red Cross. The campaign runs from August 12 to December 4, encouraging anyone in the U.S. to donate blood and log their donation for a Big Ten school to help address both immediate shortages and long-term donor sustainability. The winning school will receive $1 million to support student or community health initiatives, with the winner announced at the Big Ten Football Championship Game on December 5, 2026. This effort aims to recruit younger donors as nearly a quarter of current donations come from donors over 65, ensuring a stable blood supply for the future.
Abbott announced results from the Beta-CORRECT study showing its Oncodetect test, using whole-genome sequencing, improves detection of molecular residual disease (MRD) in colorectal cancer patients after surgery. The test showed a 30% higher sensitiv...
Abbott Laboratories announced plans to spin off its Nutrition division to concentrate on higher-growth areas like diagnostics, medical devices, and pharmaceuticals. The company reported a 14.5% increase in Q3 revenue to $13.01 billion, driven mainly ...
Abbott Laboratories reported Q3 2026 results with adjusted earnings per share of $1.42, matching estimates, and revenue of $13.01 billion, slightly above expectations. Despite 14.5% sales growth, the company lowered its 2026 sales growth forecast due...
Abbott posted a 14.5% increase in reported sales and 7.0% comparable sales growth for Q3 2026, with GAAP diluted EPS of $0.53 and adjusted EPS of $1.42. The company expanded its portfolio with FDA approvals for innovative products like the Libre Duo ...
Abbott announced plans to separate its Nutrition business into a standalone, publicly traded company by the end of 2027. The new Nutrition company will focus on the growing healthy nutrition market with $8.5 billion in annual sales and iconic brands ...
