Abbott fined $100k for code of conduct breach

Abbott was also ordered to withdraw its claims about the popular product, including that it “significantly reduced CVD events”, MA said.

The industry body said Abbott was in breach of sections of the code of conduct covering responsibility and “false or misleading claims” but was not in breach of the section of the code covering “discredit to and reduction of confidence in the industry”.

MA said Abbott’s breaches were of a “moderate” level since the conduct had no safety implications

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