Abbott Laboratories publishes 2025 annual report

Reuters03-14 04:59
Abbott Laboratories publishes 2025 annual report

Abbott published its 2025 annual report, citing organic sales growth of 7% for its base business and operating margin expansion of 100 basis points. The company highlighted product and regulatory updates including FDA approval and CE Mark for its Volt pulsed field ablation system and FDA approval for the Tendyne transcatheter mitral valve replacement. Abbott said it agreed to acquire Exact Sciences, adding cancer screening and precision oncology diagnostics, and expects the deal to close in the second quarter of 2026. The report also noted manufacturing network updates, including the opening of a new medical devices plant in Querétaro, Mexico, and plans for a cardiovascular device manufacturing facility in Georgia targeted for completion by 2028.

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