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Abbott Earnings Show How Obesity Drug Worries Are Overblown

Por: MarketWatch Business October 19, 2023

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sells devices to treat diabetes, including the FreeStyle Libre, a continuous glucose monitoring system that allows diabetes patients to track their blood glucose levels with fewer finger sticks. Investors had worried that the new obesity drugs, which are also approved to treat Type 2 diabetes, would eat away at sales of the Libre and other Abbott diabetes products. That logic has weighed on the share prices of Abbott and other companies that... + full article



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