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Diabetes, Mitral Repair And Diagnostics Drive Big Quarter For Abbott

The company’s worldwide medical devices business reported 10.6% organic growth for the third quarter of 2019.

 
• By Reed Miller

Abbott Laboratories’ medical device businesses grew 10.6% year over year in the third quarter of 2019 while its diagnostics business grew 6.6%, helping the company grow 7.6% overall, the company reported on 16 October.

SANTA CLARA, CA/USA - JULY 29, 2017: Abbott Laboratories exterior and logo. Abbott Laboratories is an American worldwide health care company. - Image
• Source: shutterstock.com

Abbott Laboratories Inc.'s diabetes care business grew by over a third in the third quarter of 2019 compared to the same period of 2018 because of the continued success of the company’s FreeStyle Libre sensor-based continuous glucose monitor.

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