Abbott Laboratories
Abbott Laboratories
Abbott Laboratories (pronounced /ˈæbət ləˈbɔːrətəriːz/) is an American multinational medical devices and health care company with headquarters in Abbott Park, Illinois, in the 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.
Etymology
The company is named after its founder, Dr. Wallace Calvin Abbott, who began the company as a one-man operation in 1888. The name "Abbott" is of Old English origin, meaning "abbot" or "priest". The "Laboratories" part of the name signifies the company's initial and ongoing commitment to scientific research and development.
Related Terms
- Medical device: Any device used to diagnose, prevent, or treat disease or other conditions.
- Health care: The organized provision of medical care to individuals or a community.
- Wallace Calvin Abbott: The founder of Abbott Laboratories.
- Abbott Park, Illinois: The location of the headquarters of Abbott Laboratories.
See Also
External links
- Medical encyclopedia article on Abbott Laboratories
- Wikipedia's article - Abbott Laboratories
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