Abbott Laboratories said Monday it completed its purchase of Starlims Technology, which makes software used to manage laboratory testing. Abbott agreed to buy Starlims in December for $123 million, or $14 per share. The company said it bought Hollywood, Fla., company to increase its position in the diagnostic testing market. Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. |
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