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CLAIM #3249 · Abbott Laboratories (ABT) · 2025Q1 earnings call · Apr 16, 2025 · due Dec 31, 2027

So looking forward for that business to continue to be a contributor in the next few years.

Robert Ford · CEO

PENDING
graded after results covering Dec 31, 2027 are reported

How to check this claim

Look at: Structural heart business revenue growth rate, year-over-year, reported quarterly/annually

It came true if: Structural heart segment revenue growth >= 10% (teens growth rate) in at least one of the next few fiscal years through 2027

Where: Company-disclosed segment revenue in quarterly earnings release / 10-K (Structural Heart segment)

In context

ut the two-year data, I think, was pretty significant at ACC and really showed, you know, I know there's a lot of question marks about, you know, the endpoint a year ago, but, you know, that really was empowered for one year. You know, and you're starting to see now the benefits on that hard data come out. I think that plays a huge role when you got the safety and you got the hard endpoint. So all in all, I think the structural heart business is going to continue to be in these teen growth rates. And we got opportunities for international expansion too. So and then plus all the R&D work that's ongoing, whether it's balloon expandable, you know, next generation MitraClip, next generation TriClip, next generation Angulet. I mean, it's just really stacked up, and the team's doing a good job. So looking forward for that business to continue to be a contributor in the next few years. Joanne Wuensch: Excellent. Thank you so much. Operator: Thank you. Our next question comes from Josh Jennings from TD Cowen. Your line is open. Josh Jennings: Hi, good morning. Thanks for taking the questions. Robert, I was hoping to maybe a little bit early for this, but was hoping you could share either what Abbott Laboratories is doing individually or plans to do along with conjunction with AdvaMed and industry to potentially seek exemptions in the US, China, Europe. And should investors hold out hope that exemptions for the medical devices industry specifically could be secured. Robert Ford: Hey, Josh. I mean, you know, Abbott Laboratories, hope is not a strategy for us. So I would stick away from that. But are we talking with industry association sharing data, sharing information? I

Verify independently

SEC filings for ABT · Claim quote is verbatim from the 2025Q1 earnings call.