Abbott Labs (ABT -0.4%) opens its first nutrition R&D center in India, which, with...

|About: Abbott Laboratories (ABT)|By:, SA News Editor

Abbott Labs (ABT -0.4%) opens its first nutrition R&D center in India, which, with widespread malnutrition and the largest diabetes population in the world, is "a growth area" for the company. Abbot will therefore explore manufacturing nutrition products and boosting its sales and distribution ops in the country.