Business Description
Abbott Laboratories is a global healthcare company that researches, manufactures, and sells a wide range of medical products across four main areas: pharmaceuticals, diagnostics, nutrition, and medical devices. Its pharmaceutical and diagnostic offerings cover everything from generic medicines and infectious disease testing to blood analysis tools and at-home rapid tests. The company also produces infant formula and adult nutritional products, as well as devices that treat heart conditions, manage diabetes, and address chronic pain. Founded in 1888 and headquartered in Abbott Park, Illinois, Abbott has grown from a small pharmaceutical operation into one of the world's leading healthcare businesses.