American global medical devices and health care products company
For other uses, see Abbott (disambiguation).
Abbott Laboratories
Company type
Public
Traded as
NYSE: ABT
S&P 100 component
S&P 500 component
Industry
Health care
Medical devices
Pharmaceutical
Founded
1888; 136 years ago (1888) (as Abbott Alkaloidal Company) in Ravenswood, Chicago
Founder
Wallace Calvin Abbott
Successor
AbbVie
Headquarters
Green Oaks, Illinois, U.S.
Area served
Worldwide
Key people
Robert B. Ford
(chairman & CEO)[1]
Robert Funck
(EVP & CFO)
Products
Pharmaceutical drugs
Generic drugs
Medical devices
Diagnostic assays
Dietary supplements
Nutritionals
Revenue
US$40.1 billion (2023)
Operating income
US$6.48 billion (2023)
Net income
US$5.72 billion (2023)
Total assets
US$73.2 billion (2023)
Total equity
US$38.8 billion (2023)
Number of employees
c. 114,000 (2023)
Website
abbott.com
Footnotes / references [2]
Abbott Laboratories is an American multinational medical devices and health care company with headquarters in Green Oaks, Illinois, United States. The company was founded by Chicago physician Wallace Calvin Abbott in 1888 to formulate known drugs; today, it sells medical devices, diagnostics, branded generic medicines and nutritional products. It split off its research-based pharmaceuticals business into AbbVie in 2013.[3][4]
Abbott's products include Pedialyte, Similac, BinaxNOW, Ensure, Glucerna, ZonePerfect, FreeStyle Libre, i-STAT and MitraClip.
^Japsen, Bruce. "After 20 Years, Abbott Labs CEO Miles White Has Successor in Mind". Forbes.
^"US SEC: Form 10-K Abbott Laboratories". U.S. Securities and Exchange Commission. 16 February 2024.
^"Abbott Completes Separation of Research-Based Pharmaceuticals Business" (Press release). PR Newswire. 2 January 2013. Archived from the original on 14 January 2013.
^"More than splitting pills: Health care giant Abbott Laboratories ready to spin off AbbVie". Chicago Tribune. 30 December 2012.
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December 1997. It is available in US as Omnicef by AbbottLaboratories and in India as Cednir by Abbott, Kefnir by Glenmark, Cefdair by Xalra Pharma and...
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clinical laboratory networks in the world, with a United States network of 36 primary laboratories. Before a merger with National Health Laboratory in 1995...
cyclohexylamine with either sulfamic acid or sulfur trioxide. Prior to 1973, AbbottLaboratories produced sodium cyclamate (Sucaryl) by a mixture of ingredients including...
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Pedialyte is an oral electrolyte solution manufactured by AbbottLaboratories and marketed for use in children. It was invented by Dr. Gary Cohen of Swampscott...
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developed by Alfred Bosworth of Tufts University and marketed by AbbottLaboratories. It was first released in the late 1920s, and then reformulated and...
1988 by Boots in Nottingham, UK, and manufactured and marketed by AbbottLaboratories and sold under a variety of brand names including Reductil, Meridia...
was developed by Ernest H. Volwiler and Donalee L. Tabern [de] at AbbottLaboratories in 1930. Typical applications for pentobarbital are sedative, short...
Dynamics since January 2013. She has sat on the Board of Directors of AbbottLaboratories since 2010. As of 2018, she is listed as the 25th most powerful woman...
developed by Pfizer in the 1950s. In the United States it was sold by AbbottLaboratories under the trade name Placidyl. Placidyl was available in 200 mg,...
Sodium thiopental, also known as Sodium Pentothal (a trademark of AbbottLaboratories), thiopental, thiopentone, or Trapanal (also a trademark), is a rapid-onset...
challenges to federal and state statutes as well. The Court said in AbbottLaboratories v. Gardner, 387 U.S. 136 (1967): Without undertaking to survey the...
for transmission of data. In 2008, the third model was approved, AbbottLaboratories' Freestyle Navigator. Sensors could be worn for up to five days....
Global Information
US$40.1 billion (2023)
US$38.8 billion (2023)