FACTBOX: Abbott buys Solvay's drugs unit
(Reuters) - Abbott Laboratories said it would buy the drugs unit of Solvay in a 4.5 billion euros ($6.6 billion) deal giving Abbott full control of its Belgian development partner's cholesterol treatments and exposure to emerging markets.
Following are facts about Solvay and Abbott:
SOLVAY:
Key Sectors - Pharmaceuticals, Chemicals and Plastics:
Group Sales - 9.49 billion euros (2008)
Pharmaceuticals - 2.6 billion euros
Chemicals - 3.03 billion euros
Plastics - 3.9 billion euros
Pharmaceutical segments:
Cardiometabolics, Neuroscience, Flu vaccines, Pancreatic enzymes, Gastroenterology and Female and male hormones
Pharmaceutical segment sales (2008):
Cardiometabolics - 812 million euros
Neuroscience - 411 million euros
Flu vaccines - 137 million euros
Pancreatic enzymes - 217 million euros
Gastroenterology - 243 million euros
Female and male hormones - 648 million euros
Headcount (2008):
Pharmaceuticals - 9,660
Chemicals - 8,966
Plastics - 8,816
ABBOTT:
Key sectors - Pharmaceuticals, Nutritional products, Medical products:
Pharmaceuticals - Key therapeutic areas include immunology, cardiology and infectious diseases
Nutritional Products - Offers nutrition products for infants, children, active adults and patients with special dietary needs.
Medical Products - Key businesses include vascular, laboratory and molecular diagnostics, vision care and diabetes.
Group Sales (2008) - $29.5 billion
Medical - $7.2 billion
Nutritional - $4.9 billion
Headcount - 72,000
Source: Reuters/Company reports
(Writing by Carl Bagh, Bangalore Editorial Reference Unit; Editing by David Cutler)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints


Follow Reuters