Hospira ( HSP) operated as the hospital products business of Abbott Laboratories until it was spun off into a stand-alone entity in 2004.

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GuruFocus rated Abbott Laboratories the business predictability rank of 4.5-star.

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The sale or spinoff would be just one of several by drugmakers: Pfizer spun off its veterinary products business, and Abbott Laboratories divested its drugs unit.

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When crews arrived at the facility which is based in an industrial business park, they found two laboratories on fire with a lot of smoke, and the fire was in the roof, he said.

BBC: Fire at International Laboratory Services in Shardlow

IBM's research laboratories, stresses the importance of big business.

ECONOMIST: The economy

Invoking this provision, the feds in June informed CEO, president and chairman of Forest Laboratories Howard Solomon that they intend to exclude him from business interactions with the federal government, in spite of the absence of any charge of misconduct against him personally.

FORBES: Feds' "Gotcha" Regulation Is Out Of Control

But Patricia Danzon of the Wharton Business School argues that this makes little sense when most big drug firms have laboratories in several countries and often acquire drugs under development from biotechnology firms located elsewhere.

ECONOMIST: Developing new drugs

Over the last 30 months, my i-GATE efforts have created a proactive, two-way link between national laboratories and entrepreneurs, industry, innovation networks, venture capital firms, universities, business support services, and economic development resources in order to accelerate the commercialization of innovative energy technologies and grow a cohesive innovation ecosystem.

WHITEHOUSE: Entrepreneurial Local Governments -- A Catalyst for Collaboration and Innovation | The White House