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.
Company type | Public |
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Founded | 1888 | (as Abbott Alkaloidal Company) in Ravenswood, Chicago
Founder | Wallace Calvin Abbott |
Successor | AbbVie |
Headquarters | Green Oaks, Illinois, U.S. |
Area served | Worldwide |
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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) |
Website | abbott |
Footnotes / references |
Abbott's products include Pedialyte, Similac, BinaxNOW, Ensure, Glucerna, ZonePerfect, FreeStyle Libre, i-STAT and MitraClip.
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