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Abbott

Healthcare

Founded in 1888 by Dr. Wallace C. Abbott, Abbott Laboratories is a global healthcare leader delivering medical devices, diagnostics, nutritionals, and branded generic medicines.

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Official Abbott Careers Website

Quick Facts

Founded
1888
Founder
Dr. Wallace C. Abbott
Headquarters
Abbott Park, Illinois
Public Ticker
NYSE: ABT

About Abbott

Abbott Laboratories was founded in 1888 in Chicago by physician Dr. Wallace Calvin Abbott to produce scientifically formulated pharmaceutical remedies. The company grew into a diversified healthcare enterprise operating in 160+ countries.

Abbott generates over $40 billion in annual revenue. Its business spans Medical Devices (FreeStyle Libre continuous glucose monitor, cardiovascular stents, pacemakers, MitraClip), Rapid & Core Diagnostics (BinaxNOW, ID NOW), Pediatric & Adult Nutrition (Similac, Ensure, Pedialyte), and Branded Generic Pharmaceuticals.

What Abbott Does

Medical Devices & Diabetes

FreeStyle Libre continuous glucose monitors, structural heart devices, pacemakers, and neuromodulation.

Diagnostics Solutions

Automated laboratory analyzers, point-of-care rapid diagnostic tests (BinaxNOW), and informatics.

Nutritional Products

Science-backed nutrition brands including Similac pediatric formula, Ensure adult nutrition, and Pedialyte.

Branded Generic Pharmaceuticals

High-quality affordable generic medicines formulated for emerging international markets.

Career Areas

Types of professional roles found inside Abbott.

  • R&D & Biomedical Engineering
  • Embedded Systems & Digital Health Software
  • Quality Assurance & Regulatory Affairs
  • Global Supply Chain & Manufacturing
  • Clinical Affairs & Medical Safety
  • Commercial Sales & Marketing
  • Finance & Accounting
  • Human Resources & Legal

Abbott's History

  1. 1888
    Founded by Dr. Abbott

    Dr. Wallace C. Abbott begins formulating alkaloidal granules in Chicago.

  2. 1929
    NYSE Public Listing

    Abbott lists publicly on the New York Stock Exchange.

  3. 2013
    AbbVie Spin-Off

    Spins off research-based pharmaceutical division AbbVie into a standalone public company.

  4. 2014
    FreeStyle Libre Launch

    Launches revolutionary sensor-based FreeStyle Libre continuous glucose monitoring system.

  5. 2020
    Rapid Diagnostic Innovation

    Develops BinaxNOW rapid antigen COVID-19 test, shipping hundreds of millions of tests worldwide.

Purpose & Values

โ€œHelping people live fuller lives through the power of healthโ€
Abbott creates life-changing health technology that keeps hearts healthy, nourishes bodies, and delivers accurate diagnostics.
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