Traffic map
Article updated: 1/23/2013 9:56 AM

Abbott profit falls on separation costs

Buy this photo Buy this photo
Gallery Image

Abbott Labs headquarters

STEVE LUNDY | Staff Photographer

About this Article

Libertyville Township-based Abbott Laboratories said Wednesday its profit fell 35 percent in the fourth quarter on costs from the spin-off of its drug business into the new company Abbvie.On Jan. 1 Abbott completed the split, leaving it with a business model built around generic drugs, medical implants and nutritional formula.
Galleries by Category