Abbott Reveals New Data on Diabetic Ketoacidosis
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: PRnewswire
- Current DKA Landscape: Abbott's data presented at the American Diabetes Association's Scientific Sessions indicates a significant rise in diabetic ketoacidosis (DKA) hospitalizations across all age groups, highlighting that despite advancements in diabetes technology, early detection remains inadequate, impacting patient health and healthcare costs.
- Limitations of Monitoring Technology: While continuous glucose monitors (CGMs) are essential for diabetes management, they currently do not measure ketones, allowing DKA to develop rapidly even when glucose levels appear stable, underscoring the need for improved ketone monitoring solutions.
- Launch of New Technology: Abbott has developed dual glucose-ketone sensing technology designed to monitor both glucose and ketone levels with a single sensor, which has received CE Mark approval and a regulatory submission to the FDA, expected to enhance daily diabetes management and early risk detection for patients.
- Education and Awareness Initiatives: Research indicates that 64% of diabetes patients do not regularly test for ketones, and Abbott emphasizes the critical need to raise public awareness about DKA and its symptoms to reduce hospitalization rates and associated healthcare costs due to diagnostic delays.
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Analyst Views on ABT
Wall Street analysts forecast ABT stock price to rise
19 Analyst Rating
17 Buy
2 Hold
0 Sell
Strong Buy
Current: 91.070
Low
136.00
Averages
148.11
High
169.00
Current: 91.070
Low
136.00
Averages
148.11
High
169.00
About ABT
Abbott Laboratories is a global healthcare company. The Company’s principal business is the discovery, development, manufacture, and sale of a broad and diversified line of healthcare products. Its segments include Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. Established Pharmaceutical Products segment is engaged in the international sales of a broad line of branded generic pharmaceutical products. Diagnostic Products segment is involved in the worldwide sales of diagnostic systems and tests for blood banks, hospitals, commercial laboratories and alternate-care testing sites. Nutritional Products segment is engaged in the worldwide sales of a broad line of adult and pediatric nutritional products. Medical Devices segment is involved in the worldwide sales of rhythm management, electrophysiology, heart failure, vascular, structural heart, neuromodulation and diabetes care products. It serves people in more than 160 countries.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

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