Abbott Laboratories - Company Profile

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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 dietary supplements. It has research and development facilities in the US, 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.

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Headquarters United States of America

Address 100 Abbott Park Rd, Illinois, 60064-3500


Telephone 1 224 6676100

No of Employees 114,000

Industry Medical Equipment

Ticker Symbol & Exchange ABT (NYSE)

Revenue (2023) $40.1B -8.1% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ -17.5% (2023 vs 2022)

Market Cap* $205.9B

Net Profit Margin (2023) XYZ -10.1% (2023 vs 2022)

* As of and is in US$
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Abbott Laboratories premium industry data and analytics

1,200+

Medical Clinical Trials

A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.

150+

Medical Pipeline Products

A database of medical devices that are in the process to get approved for sale around the world. Devices that are in development, through to those in the approval process are included.

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Abbott Laboratories (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Abbott Laboratories’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Brands
- -
Established Pharmaceutical Acculink
Gastroenterology Products FreeStyle
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In February, the company partnered with Fujirebio to develop a neurofilament-light chain (Nf-L) neurology biomarker assay for research use on Abbott's Alinity.
2024 Regulatory Approval In January, the company secured approval from the U.S. Food and Drug Administration to introduce the Liberta RC DBS system.
2024 New Products/Services In January, the company launched its new protein shake brand, Protality.
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Competitor Comparison

Key Parameters Abbott Laboratories F. Hoffmann-La Roche Ltd GSK plc Eli Lilly and Co Medtronic Plc
Headquarters United States of America Switzerland United Kingdom United States of America Ireland
City Abbott Park Basel Brentford Indianapolis Dublin
State/Province Illinois - England Indiana -
No. of Employees 114,000 103,605 69,400 43,000 95,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Robert B. Ford Chairman; Chief Executive Officer Executive Board 2021 49
Philip P. Boudreau Chief Financial Officer; Senior Vice President - Finance Senior Management 2023 -
Hubert L. Allen Executive Vice President; General Counsel; Secretary Senior Management 2013 57
Christopher J. Calamari Senior Vice President - US Nutrition Senior Management 2021 52
Daniel Salvadori Executive Vice President; Group President- Established Pharmaceuticals and Nutritional Products Senior Management 2021 44
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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