Aligning with Toshiba, Abbott Nearly Completes its Diagnostics Line
Executive Summary
A market leader in most diagnostic technology categories, immunoassay, hematology, and blood glucose, Abbott has historically stumbled in clinical chemistry. But with customers wanting broader options from fewer suppliers, Abbott knew it had to make its move in chemistry. Earlier in 1997, it bought Alcyon Analyzer, a small French company. But with this deal with Toshiba, Abbott is poised to make a major move.