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Stock impact report

ABT Stock Gains Following the Positive TRILUMINATE Trial Results [Yahoo! Finance]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: Yahoo! Finance
The data demonstrated Abbott's TriClip transcatheter edge-to-edge repair (TEER) system's ability to treat tricuspid regurgitation (TR). The system showed substantial and sustained improvements in the severity of TR after two years. The TriClip system is also found to reduce the rate of hospitalizations due to heart failure compared to medical therapy while offering long-term quality-of-life benefits for patients. The latest development is expected to bolster the company's Structural Heart business. Following yesterday's announcement, Abbott shares rose 1.4%, closing at $132.65. The company currently offers a comprehensive portfolio of structural heart solutions for a range of conditions, enabling patients to achieve better health and an improved quality of life. Moreover, Abbott is an established leader in TEER space with its MitraClip system. We expect the market sentiment toward ABT stock to remain positive surrounding the latest development. Abbott holds a market capitaliza Show less Read more
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