- Pharmaceutical companies
- Abbott Laboratories
Abbott Laboratories
Phone: +12246676100
Type | Public company |
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Traded as |
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Industry |
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Founded | 1888 (1888) (as Abbott Alkaloidal Company) in Ravenswood, Chicago |
Founder | Wallace Calvin Abbott |
Headquarters | Abbott Park, Illinois, U.S. |
Area served | Worldwide |
Key people |
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Products | Branded generic medicines Medical devices Diagnostic assays Nutritionals |
Revenue | US$43.1 billion (2021) |
Operating income | US$8.43 billion (2021) |
Net income | US$7.07 billion (2021) |
Total assets | US$75.2 billion (2021) |
Total equity | US$35.8 billion (2021) |
Number of employees | ~113,000 (December 2021) |
Website | www.abbott.com |
Abbott Laboratories is an American multinational medical devices and health care company with headquarters in Abbott Park, 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. The firm has also been present in India for over 100 years through its subsidiary Abbott India Limited, and it is currently India's largest healthcare products company.
Among its well-known products across the medical devices, diagnostics, and nutrition product divisions are Pedialyte, Similac, Ensure, Glucerna, ZonePerfect, FreeStyle Libre, i-STAT and MitraClip.
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