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Note: This article has been updated with additional information from Abbott's earnings call. 

NEW YORK — Abbott reported Wednesday that its fourth quarter diagnostics revenues rose 5 percent year over year.

For the three months ended Dec. 31, the Abbott Park, Illinois-based firm reported overall revenues of $8.31 billion, up 7 percent from $7.77 billion a year ago and beating the consensus Wall Street estimate of $8.26 billion. Organic sales, which excluded the impact of foreign exchange, grew 9 percent year over year.

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