CNBC October 10, 2023
Key Points
– Abbott Laboratories is hoping to broaden its reach by appealing to healthy consumers with its new wearable device called Lingo.
– CEO Robert Ford said Abbott will continue to solve medical problems, adding it wants to help average people leverage access to their personal health data.
– Lingo tracks glucose levels and offers personalized coaching through an app, and Abbott is hoping to launch it in the U.S. next year.
Abbott Laboratories CEO Robert Ford took the stage at the HLTH conference in Las Vegas on Tuesday to discuss the company’s expansion into a new market: consumer wearables.
The health-care company offers a range of products but derives the bulk of its revenue from medical devices and...
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