Sunday, April 1, 2007

Abbott Labs may be set for further gains: Barron's

(Reuters) - Also in 2008, the company may release in the United States cholesterol drugs Simcor and ABT-335, and may release the Xience V drug-coated stent, a mesh tube that injects a drug into open arteries that prevents scarring.

At Friday's close of $55.80, Abbott shares trade at 19.9 times the average analyst forecast for 2007 profit, according to Reuters Estimates.


Read more at Reuters.com Hot Stocks News

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