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Tech Seeker (TS)

Abbott (AKA:Abbott Laboratories)
Profile last edited on: 3/25/2022

Multinational medical devices and health care company
TS Type
Major Corporation
Status
Active
Year Founded
1888
Last Involved Year
2007

Key People / Management

  Robert B Ford -- Chairman, Pres & CEO

  Wallace Calvin Abbott -- Founder

  Robert E Funck Jr -- Exec. VP of Fin. & CFO

Location Information

100 Abbott Park Road
North Chicago, IL 60064
   (224) 667-6100
   www.abbott.com

Public Profile

Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide. It operates in four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. The Established Pharmaceutical Products segment provides generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency, irritable bowel syndrome or biliary spasm, intrahepatic cholestasis or depressive symptoms, gynecological disorder, hormone replacement therapy, dyslipidemia, hypertension, hypothyroidism, Ménière's disease and vestibular vertigo, pain, fever, inflammation, and migraine, as well as provides anti-infective clarithromycin, influenza vaccine, and products to regulate physiological rhythm of the colon. The Diagnostic Products segment offers laboratory systems in the areas of immunoassay, clinical chemistry, hematology, and transfusion; molecular diagnostics systems that automate the extraction, purification, and preparation of DNA and RNA from patient samples, as well as detect and measure infectious agents; point of care systems; cartridges for testing blood; rapid diagnostics lateral flow testing products; molecular point-of-care testing for HIV, SARS-CoV-2, influenza A and B, RSV, and strep A; cardiometabolic test systems; drug and alcohol test, and remote patient monitoring and consumer self-test systems; and informatics and automation solutions for use in laboratories. The Nutritional Products segment provides pediatric and adult nutritional products. The Medical Devices segment offers rhythm management, electrophysiology, heart failure, vascular, and structural heart devices for the treatment of cardiovascular diseases; and diabetes care products, as well as neuromodulation devices for the management of chronic pain and movement disorders. Abbott Laboratories was founded in 1888 and is based in North Chicago, Illinois.

Extent of SBIR involvement

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Synopsis: Techseeker Business Condition

Headquartered
USA
Employment
113,000
Revenue
$34.6B
Public/Private
Publicly Traded
Stock Info
NYSE : ABT
Received SBIR $$
No

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