Abbott Accelerates Emerging Markets Pharmaceutical Leadership With Zydus Cadila Collaboration; Separately Creates Stand-Alone Established Products Division

Abbott licenses 24 Zydus pharmaceutical products for 15 high-growth emerging markets; holds option for more than 40 additional products

ABBOTT PARK, Illinois, May 11, 2010 - Further strengthening its global competitive position, Abbott (NYSE: ABT)
today announced a licensing and supply agreement with Zydus Cadila of India
for a portfolio of pharmaceutical products that Abbott will commercialize in
15 emerging markets, enabling the company to further accelerate its emerging
markets growth.

Abbott also announced the formal creation of a stand-alone Established
Products Division (EPD) concentrated on expanding the market for Abbott's
established pharmaceutical portfolio outside of the U.S., particularly
focused in emerging markets. EPD will be led by Michael J. Warmuth, an Abbott
leader with significant experience in Abbott's pharmaceutical business, who
most recently led Abbott's Diagnostics Division.

"Our new Established Products Division, with US$5 billion in sales, will
focus on expanding our presence and product offerings in the world's
fastest-growing emerging markets," said Olivier Bohuon, executive vice
president, Pharmaceutical Products Group, Abbott. EPD is part of the
Pharmaceutical Products Group reporting to Bohuon.

Abbott's growing portfolio of established products consists of branded
generics - products that have significant brand equity in many international
markets - providing durable, sustainable franchises for future growth. This
complements Abbott's successful proprietary products business and proprietary
pharmaceutical pipeline.

The Zydus Cadila Collaboration

Under the Zydus agreement, Abbott will gain rights to at least 24 Zydus
products in 15 key emerging markets where Abbott has a strong and growing
presence. The agreement also includes an option for the addition of more than
40 Zydus products to the collaboration.

"The Zydus agreement complements our established products strategy,
augmenting this business with a broad portfolio of branded generics," said
Bohuon.

The collaboration includes medicines for pain, cancer and cardiovascular,
neurological and respiratory diseases. The partnership will leverage Abbott's
powerful emerging markets infrastructure to commercialize the Zydus products,
with product launches beginning in early 2012.

"We have always believed in working with partners for win-win alliances
that look at new opportunities for growth and expansion," said Chairman and
Managing Director Zydus Cadila, Pankaj R. Patel. "In this alliance we see
tremendous opportunity to participate in multiple ways in a market that is
growing and expanding rapidly. Building on our mutual strengths we are
creating a considerable competitive advantage for value creation for both
partners over the long term."

The financial terms of the agreement were not disclosed.

Abbott's Established Products Strategy

Abbott's new Established Products Division will market Abbott's
established products portfolio outside of the U.S., with a focus on
accelerating growth in emerging markets.

Throughout the past decade, Abbott has built a leading portfolio of
branded generics, through its own products as well as those acquired with the
2001 acquisition of Knoll's pharmaceutical business. In 2007, the company
established a separate business unit within its international pharmaceutical
division dedicated to established products.

Additionally, a new geographic region focused on Russia, India and China
was created which resulted in the doubling of Abbott's growth rate in those
countries.

Most recently, the company acquired Solvay Pharmaceuticals, obtaining a
diverse branded generics portfolio and providing significant critical mass in
key emerging markets.

As a result of these combined actions, Abbott is now among the leading
multi-national health care companies in numerous emerging markets.
Approximately 20 percent of Abbott's pharmaceutical sales today are in
emerging markets.

Emerging Markets Opportunity

Pharmaceutical sales in emerging markets are expected to grow at three
times the rate of developed markets and account for 70 percent of the
industry's growth over the next several years. Branded generics represent the
most significant growth opportunity in emerging markets. Today, branded
generics account for 25 percent of the global pharmaceutical market, have the
majority of market share in the largest emerging markets, and are expected to
outpace growth of patented and generic products.

About Zydus Cadila

Zydus Cadila is an innovative global pharmaceutical company that
discovers, develops, manufactures and markets a broad range of healthcare
therapies. With an aim to be a research-based pharmaceutical company by 2020,
Zydus Cadila invests nearly 8 percent of its turnover on research annually.
The group employs over 11,000 people worldwide and is dedicated to improving
people's lives.

Additional information about Zydus is available at
www.zyduscadila.com.

About Abbott

Abbott is a global, broad-based health care company devoted to the
discovery, development, manufacture and marketing of pharmaceuticals and
medical products, including nutritionals, devices and diagnostics. The
company employs approximately 83,000 people and markets its products in more
than 130 countries.

Abbott's news releases and other information are available on the
company's Web site at www.abbott.com.

Abbott Forward Looking Statement

Some statements in this news release may be forward-looking statements
for purposes of the Private Securities Litigation Reform Act of 1995. Abbott
cautions that these forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially from those
indicated in the forward-looking statements. Economic, competitive,
governmental, technological and other factors that may affect Abbott's
operations are discussed in Item 1A, "Risk Factors," to our Annual Report on
Securities and Exchange Commission Form 10-K for the year ended Dec. 31,
2009, and in Item 1A, "Risk Factors," to our Quarterly Report on Securities
and Exchange Commission Form 10-Q for the period ended March 31, 2010, and
are incorporated by reference. Abbott undertakes no obligation to release
publicly any revisions to forward-looking statements as a result of
subsequent events or developments.

media, Melissa Brotz, +1-847-935-3456, or Scott Stoffel, +1-847-936-9502, or investors, Larry Peepo, +1-847-935-6722, or Tina Ventura, +1-847-935-9390, all of Abbott