BUSINESS
March 30, 1996 | Times Staff and Wire Reports
Abbott Laboratories to Buy MediSense: The purchase, for about $876 million, or $45 a share, is a first step in the drug maker's plan to find ways to revive revenue and profit growth. MediSense Inc., based in Waltham, Mass., is the world's fourth-largest maker of glucose self-testing systems for people with diabetes. Abbott Park, Ill.