Abbott Laboratories (Abbott) discovers, develops, manufactures and sells a diversified range of healthcare products including branded generic pharmaceuticals, diagnostic systems and tests, and pediatric and adult nutritional products. The company also offers various medical devices including heart failure, electrophysiology, rhythm management, vascular and structural heart devices, and neuromodulation devices. The company also offers minerals and nutrition products and various dietary supplements. It has research and development facilities in the US, China, Colombia, India, Singapore, Spain, and the UK; and operates manufacturing facilities across the world. The company markets products in North America, Latin America, the Middle East, Europe, Asia-Pacific, and Africa. Abbott is headquartered in Abbott Park, Illinois, the US.
Headquarters
United States of America
Address
D-322 Ap6d, 100 Abbott Park Road, Illinois, 60064-3500
Website
www.abbott.com
Telephone
1 847 9376100
No of Employees
113,000
Industry
Medical Equipment
Ticker Symbol & Exchange
ABT (NYSE)
Revenue (2021)
$43.1B
24.5%
(2021 vs 2020)
EPS
XXX
Net Income (2021)
XXX
57.3%
(2021 vs 2020)
Market Cap*
$184.6B
Net Profit Margin (2021)
XXX
26.4%
(2021 vs 2020)
* As of and is in US$
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Products and Services
| Products | Brands |
|---|---|
| Established Pharmaceutical | Acculink |
| Gastroenterology Products | FreeStyle |
| Women’s Health Products | Accunet |
| XXX | XXX |
| XXX | XXX |
| XXX | XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Others | In June, the company forced to halt infant-formula production again due to flooding. |
| 2022 | Contracts/Agreements | In June, the company and Easterseals partnered to advance education and health quality. |
| 2022 | New Products/Services | In June, the company announced to develop a new bio-wearable intended to continuously monitor glucose and ketone levels using a single sensor. |
Competitor Comparison
| Key Parameters | Abbott Laboratories | F. Hoffmann-La Roche Ltd | GSK plc | Medtronic Plc | Eli Lilly and Co |
|---|---|---|---|---|---|
| Headquarters | United States of America | Switzerland | United Kingdom | Ireland | United States of America |
| City | Abbott Park | Basel | Brentford | Dublin | Indianapolis |
| State/Province | Illinois | - | - | - | Indiana |
| No. of Employees | 113,000 | 100,920 | 90,096 | 90,000 | 35,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Operating Margin
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Robert B. Ford | Chairman | Executive Board | 2021 | 48 |
| Robert E. Funck, Jr. | Chief Financial Officer; Executive Vice President - Finance | Senior Management | 2020 | 60 |
| Hubert L. Allen | Executive Vice President; General Counsel; Secretary | Senior Management | 2013 | 56 |
| Gregory A. Ahlberg | Senior Vice President - Core Laboratory Diagnostics - Commercial Operations | Senior Management | 2020 | 55 |
| Christopher J. Calamari | Senior Vice President - US Nutrition | Senior Management | 2021 | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
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