Prab at 22:00, 30 October 2023

2023-10-30T22:00:35Z

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== Abbott Laboratories ==

'''Abbott Laboratories''' is an internationally renowned [[healthcare]] corporation with a mission to enhance life quality by innovating a wide array of products and technologies that cater to comprehensive healthcare needs. With a science-driven portfolio that encapsulates [[diagnostics]], [[medical devices]], [[nutritionals]], and branded generic [[pharmaceuticals]], Abbott extends its services to over 150 countries and employs an expansive workforce of approximately 107,000 individuals.

[[File:Abbott Laboratories logo.svg|Abbott Laboratories logo|thumb]]

=== History ===
[[File:Abbott Labs and downtown.jpg|Abbott Labs and downtown, Chicago|500px|thumb]]
Founded in 1888 by Dr. [[Wallace Calvin Abbott]], Abbott Laboratories began its journey with Dr. Abbott's aspiration to create more potent and consistent medicinal treatments utilizing the active components of medicinal plants. These innovative "dosimetric granules", crafted in his Chicago apartment, laid the foundation stone for Abbott Laboratories. As time progressed, the company ventured into diverse domains including [[pharmaceuticals]], [[medical device]] manufacturing, [[diagnostic assays]] development, [[nutritional product]] creation, and even [[animal health]] solutions[1].

=== Product Portfolio ===
[[File:FreeStyle_libre_am_Oberarm_und_Auslesegerät-1.JPG|thumb|500px|FreeStyle libre Blood Glucose Monitor]]
Abbott Laboratories boasts an extensive array of healthcare solutions. Their services and products are primarily segmented into four pivotal domains:
* '''Diagnostics''': Abbott champions the introduction of pioneering instrument systems and tests, targeting hospitals, reference labs, molecular labs, blood banks, clinics, and physician offices.
* '''Medical Devices''': Abbott's inventory includes an eclectic mix of medical devices such as cardiovascular instruments, neuromodulation devices, and products catering to diabetes care.
* '''Nutritionals''': A trailblazer in nutritional science, research, and innovation, Abbott crafts a vast spectrum of nutritional solutions and supplements catering to diverse age groups.
* '''Branded Generic Pharmaceuticals''': Through its Established Pharmaceuticals Division (EPD), Abbott introduces a series of branded generic pharmaceuticals[2].

[[File:Pediasure at Kroger.JPG|Pediasure at Kroger|thumb|500px]]
'''Related Products/Brands''': [[Alere]], [[Cyclamate]], [[EAS (nutrition brand)]], [[Ensure]], [[Pediasure]], [[Hospira]], [[Similac]]

=== International Footprint ===

With its products reaching the shelves in over 150 nations, Abbott Laboratories showcases a monumental global footprint. Their dominant markets encompass the [[United States]], [[Germany]], [[China]], [[Japan]], and [[India]]. The corporation's global head office is stationed in Illinois, USA, and it flaunts a vast network of R&D, manufacturing, and distribution units globally[3].

=== Ethical Operations ===

A staunch advocate of principled corporate practices, Abbott Laboratories is deeply invested in devising transformative technologies, fostering resilient communities, and championing environmental conservation. This unwavering commitment has consecutively secured Abbott a position on the Dow Jones Sustainability Index (DJSI) for seven successive years[4].

=== Further Reading ===
* [[Pharmaceutical industry]]
* [[Healthcare industry]]
* [[Medical devices]]
* [[Clinical diagnostics]]
* [[AbbVie]]
* [[St. Jude Medical]]

=== Citations ===
* [[1]] Abbott Laboratories: Our Rich History. (2022). Available at https://www.abbott.com/about-abbott/our-history.html
* [[2]] Abbott Laboratories' Comprehensive Product Catalogue. (2022). Accessible at https://www.abbott.com/products.html
* [[3]] A Glimpse into Abbott Laboratories' Global Outreach. (2022). Retrieved from https://www.abbott.com/global-locations.html
* [[4]] Abbott Laboratories' Corporate Citizenship Endeavors. (2021). Referenced from https://www.abbott.com/corpnewsroom/citizenship/corporate-citizenship-report.html
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[[Category:Pharmaceutical companies of the United States]]
[[Category:Health care companies of the United States]]
[[Category:Companies listed on the New York Stock Exchange]]
[[Category:Multinational corporations headquartered in the United States]]
[[Category:Medical device manufacturers]]
[[Category:Biotech corporations of the United States]]
[[Category:Established in 1888 in Illinois]]

Abbott Laboratories - Revision history

Prab at 22:00, 30 October 2023