Abbott Laboratories

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.

Abbott Laboratories
Company typePublic
Traded as
  • NYSE: ABT
  • S&P 100 component
  • S&P 500 component
Industry
Founded1888 (1888) (as Abbott Alkaloidal Company) in Ravenswood, Chicago
FounderWallace Calvin Abbott
SuccessorAbbVie 
HeadquartersGreen Oaks, Illinois, U.S.
Area served
Worldwide
Key people
Products
Revenue US$40.1 billion (2023)
US$6.48 billion (2023)
Net income
US$5.72 billion (2023)
Total assets US$73.2 billion (2023)
Total equity US$38.8 billion (2023)
Number of employees
c.114,000 (2023)
Websiteabbott.com
Footnotes / references

Abbott's products include Pedialyte, Similac, BinaxNOW, Ensure, Glucerna, ZonePerfect, FreeStyle Libre, i-STAT and MitraClip.

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