Abbott Announces Name for New Drug Company
The name for its new research-based pharmaceutical company is derived from a combination of Abbott and 'vie,' which references the Latin root 'vi' meaning life.
Abbott Laboratories announced Wednesday that AbbVie will be the name of the new, independent research-based pharmaceutical company it expects to launch by the end of 2012.
The name is derived from a combination of Abbott and "vie," which references the Latin root "vi" meaning life. The AbbVie logo and graphic identity will be unveiled when the new company is launched.
The naming of the new company is the latest milestone in the process that began in October 2011, when Abbott announced it would separate into two publicly traded companies, one in diversified medical products and the other in research-based pharmaceuticals.
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