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Abbott Opens New Pharmaceutical Research Laboratory in Singapore
Date:1/20/2009

SINGAPORE, Jan. 20 /PRNewswire-FirstCall/ -- Abbott (NYSE: ABT) today announced the opening of a new pharmaceutical analytical research laboratory in Singapore's Biopolis research park. This new facility, Abbott's first pharmaceutical research and development site in Southeast Asia, will conduct stability studies, including studies on active pharmaceutical ingredients and novel formulations, to support global regulatory requirements for new pharmaceutical products. The work done at the laboratory will enable Abbott to accelerate the development of innovative investigational medicines and potentially deliver new treatments to patients faster in areas such as neuroscience and cancer. The opening was announced at a dedication and ribbon-cutting ceremony earlier today.

"Abbott has continually increased its investment in R&D over the last decade, resulting in a promising pipeline," said John M. Leonard, M.D., senior vice president, Pharmaceuticals, Research and Development, Abbott. "To realize the potential from the growth in Abbott's early stage pipeline requires the resources of a truly global R&D organization and the scientific talent available in Singapore made it a logical choice for Abbott's expansion in the region."

"We warmly welcome Abbott's expansion into pharmaceutical R&D from its established base in Singapore, which includes nutritional manufacturing and regional headquarters. This project fits well with our intent for Singapore to be an international biomedical sciences research cluster advancing human health. From its new laboratory at the Biopolis, Abbott will be able to access the extensive network of public and private sector researchers, academics and clinicians nearby," said Yeoh Keat Chuan, executive director, Biomedical Sciences, Singapo
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