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www.fdanews.com/articles/81812-abbott-labs-shares-up-despite-profit-dip

ABBOTT LABS' SHARES UP DESPITE PROFIT DIP

October 20, 2005

Shares of Abbott Laboratories rose after the pharmaceutical and medical products maker posted solid sales gains for the third quarter even though its profit slid 15 percent on costs related to a revamping of its manufacturing operations. Abbott officials also expressed confidence that a bevy of experimental therapies in its product pipeline could ease the sting of a recent setback for prostate cancer drug Xinlay.
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