UPDATE 1-Abbott profit beats expectations, sales of branded generics jump

April 22, 2015 1:09 PM

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April 22 (Reuters) - Abbott Laboratories reported a better-than-expected adjusted quarterly profit, driven by its branded generics, international nutrition and diagnostics divisions.

Sales in the company's division that sells branded generic drugs in emerging markets, jumped 31.8 percent in the first quarter even after including the impact of the strong dollar.

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