Abbott Laboratories    

 
NYSE: ABT

Address:

100 Abbott Park Rd.

Abbott Park, IL 60064-3500

United States

Phone:
(847) 937-6100

Company description

Abbott Laboratories incorporated in 1900 in Illinois. The company develops, manufactures and sells a diversified line of health care products. The business is divided into four revenue segments: pharmaceutical products, nutritional products, diagnostic products and vascular products. Abbott also has a 50 percent owned joint venture with TAP Pharmaceutical Products Inc.The pharmaceutical products segment manufactures and sells adult and pediatric pharmaceuticals on a global scale. This segment directs its primary marketing efforts toward securing physician prescriptions and recommendations. Managed care providers, and state and federal agencies are also important customers. The diagnostic products segment sells diagnostic systems and tests directly to laboratories, hospitals, clinics and physicians' offices in the United States, and either directly or through distributors worldwide. The nutritional products segment sells baby formula, nutritional drinks and nutritional food items to institutions, wholesalers, retailers, health care facilities and government agencies. The vascular products segment develops products for the treatment of vascular disease. Products are sold directly to hospitals in the United States, and either directly or through distributors worldwide. In 2007, Abbott announced a collaboration with Genentech, Inc. for the global research, development and commercialization of two investigational anti-cancer compounds. In addition, in February 2009, Abbott acquired Advanced Medical Optics.

Log in for comprehensive information about this and hundreds of thousands of other companies.

News and information about Abbott Laboratories

GSK to Enter Protein Supplement Segment with Horlicks Protein+
Mint; February 20, 2018; 700+ words
...market share. Direct selling firm Amway India's Nutrilite, which the company markets as a dietary supplement, Abbott Laboratories' Ensure, and direct seller Herbalife's personalized protein supplement, are the key products. Besides, there...
Delivery of Eight Systems for Mitraclip Mitral Valve Fixation
Mena Report; February 18, 2018; 290 words
...of the contract/lot: 660 800.00 PLN Total value of the contract/lot: 660 800.00 PLN Contractor name : ABBOTT LABORATORIES POLAND SP. Z O.O. Contractor address : ul. Postepu 21B Warszawa 02-676 Implementing agency : 4 Wojskowy...
Butler, Sr
Daily Herald (Arlington Heights, IL); February 14, 2018; 370 words
...High School in Hillside and also the University of Illinois with a chemical engineering degree. He retired from Abbott Laboratories in 2007 as a chemical engineering manager. He was a US Army veteran, having served in Korea as a nuclear weapons...
NPPA Revises Stent Prices a Year after 85% Cut in Costs
Mint; February 13, 2018; 700+ words
...angioplasties and fewer bypass surgeries. NPPA also met stakeholders on 5 and 8 February.In November, US-based Abbott Laboratories said it would not introduce its latest stent Xience Sierra in India. In September, it had received permission...
Dexcom Pilot Program Targets Type 2 Diabetes Population
San Diego Business Journal; February 12, 2018; 700+ words
...added Dexcom is smart to partner with a payer, which could give it an advantage over competitors Medtronic and Abbott Laboratories.The pilot will include a fraction of the 4.3 million people covered by UnitedHealth's Medicare Advantage...
Dexcom CEO Is 'Gadget Guy' Who Emphasizes Human Side, Grows Co
San Diego Business Journal; February 12, 2018; 700+ words
...diabetes market. On the flip side, stiff competition recently surfaced with regulatory and reimbursement approval of Abbott Laboratories' glucose monitoring product.But competitors don't faze Sayer. So said Michael Kleine, the former CEO of...
Trump taps Scudder, St. Eve for Chicago based seats on Court of Appeals
Chicago Sun-Times; February 12, 2018; 700+ words
...advocacy. Immediately before ascending to the bench, Judge St. Eve served as senior counsel for litigation at Abbott Laboratories. Before joining Abbott Labs, Judge St. Eve served for five years as an Assistant United States Attorney in the...
ResearchAndMarkets.com Adds Report: Global Gastrointestinal Drugs Market Briefing 2018
Health & Beauty Close-Up; February 6, 2018; 626 words
...acid for the treatment of acute gastrointestinal bleeding. Major companies manufacturing tranexamic acid include Abbott Laboratories, Pfizer, GlaxoSmithKline and Bayer AG. The report covers market characteristics, size and growth, segmentation...

Search HighBeam Business for more news about Abbott Laboratories

Industry information

NAICS codes 
North American Industry Classification System (NAICS) codes are used to classify businesses for the purpose of collecting statistical data related to the U.S. economy. NAICS codes have been assigned to international companies to help organize all companies by type of activity.  

Primary: 325412 - Pharmaceutical Preparation Manufacturing

311423 - Dried and Dehydrated Food Manufacturing

325620 - Toilet Preparation Manufacturing

339112 - Surgical and Medical Instrument Manufacturing


 

SIC codes 
Standard Industrial Classification (SIC) codes classify establishments by their primary type of activity. SIC codes are a U.S. Census Bureau system but can apply to international companies.  

Primary: 2834 - Pharmaceutical Preparations industry report

2099 - Food Preparations, NEC industry report

2844 - Perfumes, Cosmetics, and Other Toilet Preparations industry report

3841 - Surgical and Medical Instruments and Apparatus industry report