Statement

Abbott to Provide $1 Million in Funding, Products to Help Address Health Needs in Haiti

• Building on Existing Philanthropic Partnerships in Haiti, Abbott Pharmaceutical and Nutritional Products Already on the Ground as Part of Relief Effort

January 13, 2010

Abbott Park, Illinois (NYSE: ABT) — Abbott and its philanthropic foundation the Abbott Fund have committed to provide $1 million in initial humanitarian aid in response to the earthquake in Haiti. This support includes grant funding and donations of critical pharmaceutical and nutritional products to strengthen the ability of humanitarian aid organizations to respond to immediate health needs in Haiti. This includes an initial quantity of pharmaceutical and nutritional products that are already in use in a hospital in Haiti.

These relief efforts in Haiti build on Abbott's existing philanthropic partnerships to expand access to health care in the country. Since 2007, Abbott and the Abbott Fund have provided more than $34 million in grants and product donations to help address health needs in Haiti, including maternal and child health, diabetes, HIV/AIDS and malnutrition.

"The recent earthquake has had a devastating impact on Haiti's limited health care system, which was already facing significant challenges," said Catherine V. Babington, president, the Abbott Fund. "Building on our existing partnerships with humanitarian organizations in Haiti, we are providing funding and product donations to help address the immense and immediate health needs."

Initial support from the Abbott Fund for earthquake recovery efforts includes $100,000 in grants to three of Abbott's trusted humanitarian aid partners: American Red Cross, Partners In Health and Catholic Medical Mission Board. All of these organizations have an established presence in Haiti, and are already mobilizing relief efforts in the country.

Abbott also is actively working with AmeriCares, Direct Relief International and additional organizations to identify and distribute critical nutritional and pharmaceutical products, such as antibiotics and rehydration fluids, that will provide immediate relief for people affected by the earthquake in Haiti. Abbott will continue to work with key humanitarian aid partners to assess ongoing needs and the state of the transportation infrastructure to move forward with relief efforts.

In addition, Abbott volunteers in the Dallas area will be supporting the efforts of the American Red Cross to respond to the disaster in Haiti. Through the American Red Cross program, "Ready When the Time Comes," 35 Abbott volunteers have received training over the past year, and are already assisting with fundraising and other efforts in Dallas to support American Red Cross relief programs on the ground in Haiti.

About Abbott and Abbott Fund

Abbott is a global, broad-based health care company devoted to the discovery, development, manufacturing and marketing of pharmaceuticals and medical products, including nutritionals, devices and diagnostics. The company employs more than 72,000 people and markets its products in more than 130 countries.

The Abbott Fund is a philanthropic foundation established by Abbott in 1951. The Abbott Fund's mission is to create healthier global communities by investing in creative ideas that promote science, expand access to health care and strengthen communities worldwide. For more information on the Abbott Fund, visit www.abbottfund.org.

 

Media: Matt Bedella

+1-847-936-3394