Today, Brenton Flynn looks at Abbott Labs' favorable news for a key drug but cautions that the news should be taken with a grain of salt. When Abbott Labs spins itself off to become two companies, this drug will make up a hefty portion of the revenue for AbbVie, just in time for it to fall off the patent cliff.
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Brenton Flynn has no positions in the stocks mentioned above. The Motley Fool owns shares of Johnson & Johnson. Motley Fool newsletter services recommend Johnson & Johnson. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.