Corporate Overview Fact Sheet
Founded in 1888 by Chicago physician Dr. Wallace C. Abbott, Abbott has
emerged as one of the world's most diverse health care companies. The company,
which ranks No. 80 on the FORTUNE 500, has more than 72,000 employees
worldwide serving customers in more than 130 countries. Abbott is headquartered
in north suburban Chicago, USA.
Principal Officer
Miles D. White, Chairman and CEO, since 1999
Key 2008 Financial Measures
- Revenue: $29.5B
- Net Income (excluding items): $5.2B
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- R&D Investment: $2.7B
- Dividend: Steady increases for last 37 years (11% increase in 2009)
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Primary Businesses
- Medical Products
Key lines of business include vascular, laboratory and molecular diagnostics,
vision care and diabetes.
- Nutritional Products
Abbott offers a variety of nutrition products for infants, children, active
adults and patients with special dietary needs.
- Pharmaceuticals
Key therapeutic areas include immunology, cardiology and infectious
diseases.
Recognition
- FORTUNE: Among "America's Most Admired Companies,"
1984-present
- Barron's: Listed No. 15 in 2009 ranking of world's 100 most
respected companies
- Dow Jones Sustainability Index: Listed among world leaders in
economic, environmental and social performance five straight years
- Wall Street Journal: Named the overall Gold winner of the 2009
Technology Innovation Awards for Ibis T5000 Biosensor system
- Working Mother: "100 Best Companies for Working Mothers"
nine straight years
- BusinessWeek: One of "50 Best Places to Launch a Career"
four straight years
- DiversityInc: "50 Best Companies for Diversity" six straight
years
- Recognized as a top employer in countries around the world including
Belgium, Brazil, Canada, Denmark, France, Germany, Greece, Ireland, Italy,
Korea, the Netherlands, Norway, Slovak Republic, Spain, Switzerland, UK and the
U.S.