By Colin Kellaher

 

Abbott Laboratories on Thursday said it plans to invest $45 million a year as it works to help identify, treat and prevent malnutrition, which affects about a third of the world's population.

The Abbott Park, Ill., maker of healthcare products said it has launched the Abbott Center for Malnutrition Solutions, a collaboration with external nutrition experts and partners aimed at reducing malnutrition around the world.

Abbott, which produces Similac baby formulas and Ensure nutrition products for adults, said the center will focus on the most vulnerable populations, including mothers, infants and young children; aging adults; and people without access to good nutrition.

Abbott said sustainable development goals set by the United Nations will serve as the framework for the center's goals and priorities.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

September 30, 2021 10:25 ET (14:25 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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