Abbott Laboratories operates in the Health Care sector, within the Medical Devices and Diagnostics industry. Founded in 1888 by Wallace Calvin Abbott, the company began with the goal of producing standardized pharmaceutical formulations based on scientific methods and quality control.
Today, Abbott maintains a diversified healthcare portfolio spanning diagnostics, medical devices, nutrition, and branded generic pharmaceuticals.
Its core divisions include:
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Diagnostics.
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Medical Devices.
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Nutrition.
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Established Pharmaceuticals.
Key products and solutions include:
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Clinical laboratory and molecular diagnostic systems.
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Rapid and point-of-care testing technologies.
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Continuous glucose monitoring (CGM) systems.
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Cardiovascular and structural heart devices.
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Pediatric and adult nutritional products.
Abbott operates in more than 160 countries, supported by manufacturing facilities, research centers, and global distribution networks. Its customer base includes hospitals, laboratories, physicians, healthcare systems, and patients.
Performance is influenced by healthcare regulation, reimbursement policies, demographic trends such as population aging, chronic disease prevalence, innovation cycles, and competition within the global medical technology market.
Abbott shares trade on the New York Stock Exchange (NYSE) under the ticker ABT.
Additional Information
Abbott Laboratories (United States) is listed on the NYSE and has a market capitalization of $178.54 Billions, with shareholders equity totaling $51.26 Billions.
The company employs approximately 107.000 people and operates in the Health sector, within the Medical Supplies and Equipment industry.
Over the past 12 months, Abbott Laboratories reported $44.33 Billions in revenue, generating net income of $6.52 Billions.
Key financial metrics include a P/E ratio of 27.37, a price-to-book (P/B) ratio of 3.48, and a trailing twelve-month dividend yield of 2.34%.
The company trades under the ticker ABT.