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Profit jumps 12% in the quarter
January 25, 2012
By: Tim Wright
Editor-in-Chief, Contract Pharma
Abbott 4Q Revenues: $10.4 billion (+4%) 4Q Earnings: $1.6 billion (+12%) FY Revenues: $38.9 billion (+11%) FY Earnings: $4.7 billion (+2%) Comments: Proprietary Pharmaceutical sales in the quarter were $4.8 billion (+7%), and for the year grew 11% to $17.0 billion. Humira sales were $2.2 billion in the quarter (+16%), and $7.9 billion for the year (+21%). Trilipix/TriCor sales were down 4% to $483 million in the quarter and up 6% to $1.7 billion for the year. Kaletra sales were down 16% to ...
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