Abbott
HealthcareFounded in 1888 by Dr. Wallace C. Abbott, Abbott Laboratories is a global healthcare leader delivering medical devices, diagnostics, nutritionals, and branded generic medicines.
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
- 1888Founded by Dr. Abbott
Dr. Wallace C. Abbott begins formulating alkaloidal granules in Chicago.
- 1929NYSE Public Listing
Abbott lists publicly on the New York Stock Exchange.
- 2013AbbVie Spin-Off
Spins off research-based pharmaceutical division AbbVie into a standalone public company.
- 2014FreeStyle Libre Launch
Launches revolutionary sensor-based FreeStyle Libre continuous glucose monitoring system.
- 2020Rapid Diagnostic Innovation
Develops BinaxNOW rapid antigen COVID-19 test, shipping hundreds of millions of tests worldwide.
Purpose & Values
โHelping people live fuller lives through the power of healthโ