Abbott Runs Into FDA Buzzsaw, Faces Major Marketplace Crisis

BY NOW, MOST OF THE clinical laboratory industry knows that Abbott Laboratories, Inc. signed a consent decree with the Food and Drug Administration (FDA) on November 2, 1999. Under terms of the consent decree, Abbott paid a $100 million fine and will pull a number of test kits out of the marketplace. The original date …

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Abbott Runs Into FDA Buzzsaw, Faces Major Marketplace Crisis

Second largest diagnostics manufacturer forced to pull a multitude of lab test products

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