Abbott picks name for spinoff pharmaceutical company

    Abbott Laboratories has named its new spinoff AbbVie as it prepares to launch the company by yearend.

    The name was derived from a combination of Abbott and “vie,” which references the Latin root “vi,” meaning life, North Chicago, Ill.-based Abbott said Wednesday.

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    Abbott Laboratories has named its new spinoff AbbVie as it prepares to launch the company by yearend.

    The name was derived from a combination of Abbott and “vie,” which references the Latin root “vi,” meaning life, North Chicago, Ill.-based Abbott said Wednesday.

    Read more.

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