Business Description
Abbott Laboratories is a global healthcare company that researches, makes, and sells a wide range of medical products across four main areas: pharmaceuticals, diagnostics, nutrition, and medical devices. Its pharmaceutical and diagnostic divisions cover everything from generic medicines and laboratory testing systems to rapid at-home tests for infectious diseases like HIV and COVID-19. The company also produces nutritional products for infants and adults, along with medical devices that help manage heart conditions, diabetes, chronic pain, and movement disorders. Founded in 1888 and headquartered in Abbott Park, Illinois, Abbott operates in markets around the world.