India's food safety regulator issued notices to Nestle, Zydus, and Abbott regarding promotional claims for infant and children's products. This regulatory crackdown follows proposed bans on added suga
reuters · 2026-10-21 08:42
Abbott settled for $670 million to resolve 2,000 claims alleging its Similac infant formulas caused necrotizing enterocolitis in preterm infants. The agreement includes a prior $495 million verdict ag
reuters · 2026-08-20 13:56
Abbott raised its 2026 profit forecast after beating quarterly estimates, driven by strong demand in its acquired cancer diagnostics business and medical devices segments, offsetting declines in COVID
reuters · 2026-07-16 04:33
Abbott exceeded quarterly profit and revenue expectations driven by its medical device unit, though shares fell after lowering its 2026 profit forecast by 20 cents per share due to the $23 billion Exa
reuters · 2026-04-16 04:33