Abbott Laboratories
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Abbott Laboratories

Company nameAbbott Laboratories
Company typePublic ( )
S&P 500 Component
SloganA promise for life
Founded1888 (as Abbott Alkaloidal Company)
Founder(s)Dr. Wallace C. Abbott
HeadquartersNorth Chicago, Illinois, U.S.
Area servedWorldwide
ProductsPharmaceutical products
Medical devices
Diagnostic assays
Nutritional products
Animal health products
Revenue(+) US$30.8 Billion (FY 2009)
Operating income(+) US$6.37 Billion (FY 2009)
Net income(+) US$5.75 Billion (FY 2009)
Total assets(+) US$52.4 Billion (FY 2009)
Total equity(+) US$22.9 Billion (FY 2009)
Employees72,000 (as of 2009)

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Abbott Laboratories ( ) is a pharmaceuticals health care company. It has 72,000 employees and operates in over 130 countries. The company headquarters are in Abbott Park, North Chicago, Illinois. The company was founded by Chicago physician, Dr. Wallace Calvin Abbott in 1888. In 2008, Abbott had over $29 billion in revenue.

In 1985, the company developed the first HIV blood screening test. The company's drug portfolio includes HUMIRA, a drug for rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, Crohn's disease, moderate to severe chronic psoriasis and juvenile idiopathic arthritis; Norvir, a treatment for HIV; Depakote, an anticonvulsant drug; and Synthroid, a synthetic thyroid hormone. Abbott also has a broad range of medical devices, diagnostics and immunoassay products as well as nutritional products, including Ensure, a line of well known meal replacement shakes, and EAS, the largest producer of performance based nutritional supplements.

Abbott's in vitro diagnostics business is a world leader in immunoassays and blood screening. Abbott's broad range of medical tests and diagnostic instrument systems are used worldwide by hospitals, laboratories, blood banks, and physician offices to diagnose and monitor diseases such as HIV, hepatitis, cancer, heart failure and metabolic disorders, as well as assess other important indicators of general health. Abbott Point-of-Care manufactures diagnostic products for blood analysis to provide health care professionals critical diagnostics information accurately and immediately at the point of patient care. Abbott also provides point-of-care cardiac assays to the emergency room.

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Premier Healthcare Alliance Presents Technology Breakthrough Award to Abbott ... - Trading Markets (press release) Tweet this news
Trading Markets (press release)--The Premier healthcare alliance announced a Technology Breakthroughs award to -Abbott Laboratories- Inc. of Abbott Park, Ill., for its HIV Ag/Ab Combo Assay, ... - Date : Wed, 09 Feb 2011 06:40:04 GMT+00:00
DOJ Intervenes in Suits Against Illinois' Abbott Laboratories For Off-Label ... - Becker's Hospital Review Tweet this news
Becker's Hospital Review--The US Justice Department plans to intervene in lawsuits accusing North Chicago, Ill.-based -Abbott Laboratories- of off-label marketing for its drug, ... - Date : Tue, 08 Feb 2011 18:18:00 GMT+00:00
What Gralise Approval Means for Depomed - Seeking Alpha Tweet this news
Seeking Alpha--The FDA approval has triggered a $48 million milestone payment from -Abbott Labs- (ABT) due to Depomed. Management has planned a conference call for tomorrow ... - Date : Mon, 31 Jan 2011 16:39:34 GMT+00:00
ABBOTT LABORATORIES BEARISH MOVING AVERAGE CROSSOVER ALERT (ABT) - Tweet this news issued a Downtrend Alert for -Abbott Laboratories- on November 08, 2010 at $50.58. In approximately 3 months, -Abbott Laboratories- has returned 9.3% ... - Date : Mon, 07 Feb 2011 16:12:47 GMT+00:00
Weekly News Roundup: Abbott Laboratories (NYSE:ABT) - eMoneyDaily Tweet this news
eMoneyDaily--Here's a run-down of -Abbott Laboratories- (NYSE:ABT) news briefs from last week. -Abbott Laboratories- (NYSE:ABT) shares ended the week at 46.12 (as of ... - Date : Sat, 05 Feb 2011 16:04:48 GMT+00:00
WATCH FOR ABBOTT LABORATORIES TO POTENTIALLY REBOUND AFTER FALLING 0.70 ... - Tweet this news 01, 2011 (SmarTrend(R) News Watch via COMTEX) -- -Abbott Laboratories- (NYSE:ABT) traded in a range yesterday that spanned from a low of $45.07 to a high ... - Date : Tue, 01 Feb 2011 13:16:49 GMT+00:00
FDA Approves Depo Shingles-Pain Drug; Shares Rise - Wall Street Journal Tweet this news
Wall Street Journal---...- approved its Gralise treatment for a painful complication of shingles, which triggers a $48 million milestone payment from -Abbott Laboratories- (ABT). ... - Date : Sat, 29 Jan 2011 01:07:13 GMT+00:00
Depomed Shares Slide On Commercialization Dispute With Abbott - Wall Street Journal Tweet this news
Wall Street Journal--Shares of Depomed Inc. (DEPO) slid Tuesday after the pharmaceutical company disclosed -Abbott Laboratories- (ABT) said it isn't obligated to launch and ... - Date : Tue, 18 Jan 2011 22:15:57 GMT+00:00
FDA panel backs wider use of Abbott Labs stent - Bloomberg Tweet this news
Bloomberg--By AP WASHINGTON (AP) � A panel of experts on Wednesday voted in favor of broadening approval of an -Abbott Laboratories- stent to more patients at risk of ... - Date : Wed, 26 Jan 2011 23:02:25 GMT+00:00
Abbott 4Q profit falls 6 percent on buyout costs - BusinessWeek Tweet this news
BusinessWeek--Drug and medical device maker -Abbott Laboratories- said Wednesday its fourth-quarter net income dropped 6 percent on costs connected with a number of ... - Date : Thu, 27 Jan 2011 04:34:01 GMT+00:00

Illinois-based Corporations

Fortune 500
(by size - 2010)
Archer Daniels Midland * Boeing * Walgreen Company * State Farm Insurance Cos. * Sears Holdings Corporation * Kraft Foods * Caterpillar Inc. * Allstate * Abbott Laboratories * Deere & Company * McDonald's * Motorola * Exelon * UAL Corporation * Illinois Tool Works * Sara Lee Corporation * Baxter International * Navistar International * RR Donnelley * Discover Financial * Aon Corporation * Integrys Energy Group * OfficeMax * W. W. Grainger * Fortune Brands * Smurfit-Stone Container * Telephone and Data Systems * Anixter International * United Stationers * Tenneco * Northern Trust
Fortune 1000
(by size - 2010)
Companies listed above, plus: Hospira * Old Republic International * Nalco Holding Company * Corn Products International * Pactiv * Hyatt Hotels Corp. * Country Financial * General Growth Properties * Hewitt Associates * Unitrin Inc * Nicor * CME Group * CF Industries Holdings * Molex * Jones Lang LaSalle * Packaging Corp. of America * Brookdale Senior Living * Equity Residential * Career Education Corporation * AptarGroup * True Value * Gardner Denver * Arthur J. Gallagher & Co.
Other major private and
public companies
Ace Hardware * ACCO Brands * Amsted Industries * Baker & McKenzie * Blue Cross and Blue Shield Association * CDW * CNA Financial * Dot Foods * Eby-Brown * Electro-Motive Diesel * Flex-N-Gate * Follett Corporation * Global Hyatt * Grant Thornton LLP * Health Care Service Corporation * Heico Cos. * Jenner & Block * Kirkland & Ellis * Marmon Group * Mayer Brown * Medline Industries * OSI Group * Reyes Holdings * Sauer-Danfoss * Schiff Hardin LLP * Sidley Austin * Skidmore, Owings and Merrill * Solo Cup Company * Tellabs * Tribune Company * U.S. Foodservice * Walsh Group * Wirtz Corp.

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