Why Abbott Laboratories is Acquiring CFR Pharmaceuticals

Healthcare M&A has been on a tear in 2014. Not to be left out, Abbott Labs(NYSE: ABT) recently announced a $2.9 billion acquisition of the Chilean generic drug maker CFR Pharmaceuticals.

This deal is a solid win for Abbott. It gains increased access to the fast growing Latin American market, adds scale to its generic drug business, and will be accretive to next year's earnings.

In this episode of The Motley Fool's health-care show Market Checkup, analysts David Williamson and Michael Douglass discuss the deal details along with why it makes one of the most attractive things about Abbott Labs even better.



Invest in the next wave of health care innovation
The Economist compares this disruptive invention to the steam engine and the printing press. Business Insider says it's "the next trillion dollar industry." And the technology behind is poised to set off one of the most remarkable health care revolutions in decades. The Motley Fool's exclusive research presentation dives into this technology's true potential, and its ability to make life-changing medical solutions never thought possible. To learn how you can invest in this unbelievable new technology, click here now to see our free report.

The article Why Abbott Laboratories is Acquiring CFR Pharmaceuticals originally appeared on Fool.com.

David Williamson owns shares of Abbott Laboratories and AbbVie.. Michael Douglass has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Forex for Beginners

Learn about trading currencies and foreign exchange transactions

View Course »

Finding Stock Ideas

Learn to do your research and find investments.

View Course »

Add a Comment

*0 / 3000 Character Maximum