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Abbott see the huge potential for infant nutrition and other businesses related to medical products as millons of people join the middle class in China, India, Vietnam and other emerging markets. Nestle is pursuing a similar idea with its acquisition of Pfizer's infant nutrition business which has a large presence in China. With its strong brand name presence, marketing and distribution, and the growing need for better nutrition in these countries Nestle sees huge potential for growth.
Abbott to Split Into Two Companies
Wall Street Journal 10/20/2011
Abbott Looks to Consumer for Growth
Wall Street Journal 05/03/2012
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