Abbott sales 18% fall due to anticipation of COVID testing sales declines

Abbott sales 18% fall due to anticipation of COVID testing sales declines

Submitted by admin on April 19, 2023 - 11:34am
Source: 
Medical Marketing and Media
News Tags: 
Abbott Labs
earnings
COVID-19
Medtech
Headline: 
Abbott sales 18% fall due to anticipation of COVID testing sales declines
snippet: 


Abbott Laboratories’ reported sales fell 18.1% in Q1 due to what the company called an “anticipated decline” in COVID-19 testing-related sales compared to 2022.

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