Multinational healthcare company specializing in medical devices, diagnostics, branded generic medicines, and nutritional products.
Abbott Laboratories, alongside its subsidiaries, is a global leader in healthcare product development, manufacturing, and distribution. The company operates through four distinct segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. In the Established Pharmaceutical Products segment, Abbott provides a wide range of generic medications addressing conditions such as irritable bowel syndrome, dyslipidemia, and hormonal disorders. They also manufacture anti-infective agents and influenza vaccines, catering to diverse medical needs.
The Diagnostic Products segment offers comprehensive laboratory solutions encompassing immunoassay, clinical chemistry, and molecular diagnostics. These systems automate DNA and RNA analysis, detect infectious agents, and support rapid diagnostic testing for conditions including HIV and COVID-19. Abbott's Nutritional Products segment specializes in pediatric and adult nutrition, providing essential supplements and formulas to support health and well-being.
Abbott's Medical Devices segment is dedicated to cardiovascular care, offering devices for rhythm management, electrophysiology, and vascular interventions. They also develop diabetes care products and neuromodulation devices for chronic pain management. Founded in 1888 and headquartered in North Chicago, Illinois, Abbott Laboratories continues to pioneer advancements in healthcare, emphasizing innovation, reliability, and global accessibility of its products and solutions.