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Debt resolution impacts earnings
January 23, 2013
By: Tim Wright
Editor-in-Chief, Contract Pharma
Abbott 4Q Revenues: $10.8 billion (+4%) 4Q Earnings: $1.1 billion (-35%) YTD Revenues: $39.9 million (+3%) YTD Earnings: $6.0 billion (+26%) Comments: Proprietary Pharmaceutical sales were $5.1 billion in the quarter, up 7%. Established Pharmaceutical sales were $1.3 billion, down 2%. Humira sales were $2.7 billion in the quarter, up 15%. AndroGel sales were up 10% to $373 million. TRILIPIX/TriCor sales were down 5% to $269 million. Kaletra sales were down 11% to $250 million. Lupron sales...
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