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Abbott Reports Double-Digit Sales and Earnings Growth in First Quarter and Reaffirms Full-Year Growth Outlook
Date:4/16/2008

as well as future cash payments over the

next five years.

* In the quarter, Abbott received five key regulatory approvals:

HUMIRA for psoriasis and for juvenile rheumatoid arthritis,

Simcor(R) for cholesterol, and the FreeStyle Freedom Lite(TM) and

FreeStyle Navigator(R) glucose monitoring systems.

"Abbott started 2008 with a strong first quarter, following double-digit sales and earnings growth last year," said Miles D. White, chairman and chief executive officer, Abbott. "In addition, we received five key new product approvals during the quarter. The continued productivity of our late-stage pipeline, combined with the underlying strength of our broad mix of businesses, gives us a high level of confidence in our future growth outlook."

The following is a summary of first-quarter 2008 sales.

Sales Summary - Impact of

Quarter Ended 3/31/08 1Q08 % Change Exchange on

($ millions) vs. 1Q07 % Change

Total Sales $6,766 13.8 5.5

Total U.S. Sales $3,043 3.7 (a) ---

Total International Sales $3,723 23.6 10.9

Worldwide Pharmaceutical Sales $3,854 14.3 (a) 5.9

U.S. Pharmaceuticals $1,752 3.6 (a) ---

International Pharmaceuticals $2,102 25.1 11.9

Worldwide Nutritional Sales $1,110 10.8 3.0

U.S. Nutritionals $583 3.0 ---

International Nutritionals $527 20.8 6.9

Worldwide Diagnostics Sales (b) $832 17.1 8.1

U.S. Diagnostics $211 4.6
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SOURCE Abbott
Copyright©2008 PR Newswire.
All rights reserved

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