Abbott Laboratories

Abbott Laboratories
Company typePublic
Industry
Founded1888; 136 years ago (1888) (as Abbott Alkaloidal Company) in Ravenswood, Chicago
FounderWallace Calvin Abbott
SuccessorAbbVie Edit this on Wikidata
HeadquartersGreen Oaks, Illinois, U.S.
Area served
Worldwide
Key people
Products
RevenueDecrease US$40.1 billion (2023)
Decrease US$6.48 billion (2023)
Decrease US$5.72 billion (2023)
Total assetsDecrease US$73.2 billion (2023)
Total equityIncrease US$38.8 billion (2023)
Number of employees
c. 114,000 (2023)
Websiteabbott.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.

  1. ^ Japsen, Bruce. "After 20 Years, Abbott Labs CEO Miles White Has Successor in Mind". Forbes. Archived from the original on 2 February 2023. Retrieved 10 September 2019.
  2. ^ "US SEC: Form 10-K Abbott Laboratories". U.S. Securities and Exchange Commission. 16 February 2024.
  3. ^ "Abbott Completes Separation of Research-Based Pharmaceuticals Business" (Press release). PR Newswire. 2 January 2013. Archived from the original on 14 January 2013.
  4. ^ "More than splitting pills: Health care giant Abbott Laboratories ready to spin off AbbVie". Chicago Tribune. 30 December 2012. Archived from the original on 3 July 2021. Retrieved 14 April 2023.