June 18, 2021
PharmaTimes
Pfizer's JAK inhibitor Xeljanz shows benefit in COVID-19 pneumonia
Xeljanz reduced the incidence of death or respiratory failure compared to placebo in hospitalised pat... See more »
98,936 Followers on Owler
Abbott
Abbott Laboratories is an American healthcare company that develops, manufactures and distributes pharmaceuticals and health care products. Read more
President & CEO
Robert B. Ford
Missing a competitor? Contribute!
Johnson & Johnson is one of Abbott's top rivals. Johnson & Johnson is a Public company that was founded in 1886 in New Brunswick, New Jersey. Like Abbott, Johnson & Johnson also works within the Health Care Equipment industry. Compared to Abbott, Johnson & Johnson has 32,000 more employees.
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Help the Owler community know moreTrending News for Abbott and Abbott's Competitors
June 17, 2021
Fox News
Novartis experimental prostate cancer drug gets FDA breakthrough designation
Novartis announced on Wednesday that the FDA granted Breakthrough Therapy designation to an experimen... See more »
June 18, 2021
The Republic
AstraZeneca, EU both claim a win in vaccine delivery tussle
BRUSSELS - A Belgian court ruled Friday that coronavirus vaccine-maker AstraZeneca had committed a "s... See more »
Abbott Quarterly and Annual Revenue
Trailing 12-Months Trend (TTM)
Annual Revenue
$37.3B
Abbott's revenue is the ranked 9th among it's top 10 competitors. The top 10 competitors average 30.5B. Over the last four quarters, Abbott's revenue has grown by 42.7%. Specifically, in Q1 2021's revenue was $10.5B; in Q4 2020, it was $10.7B; in Q3 2020, it was $8.9B; in Q2 2020, Abbott's revenue was $7.3B.
Abbott Acquisitions
COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
GLP systems GmbH
Jun 2019
Source »undisclosed
GLP is a developer of laboratory automation systems and analytical equipment for the medical diagnostic laboratory.
Cephea Valve Technologies, Inc.
Jan 2019
Source »undisclosed
Cephea provides heart valve replacement therapy for the treatment of mitral valve stenosis disease.
St Jude Medical Inc
Apr 2016
Source »$25B
St. Jude Medical is an American global medical company that develops and manufactures cardiovascular and implantable neurostimulation medical devices.
Alere Inc.
Feb 2016
Source »$5.3B
Alere is a medical device company that designs, develops and manufactures diagnostic products for the health care industry.
Shifame, LLC
Feb 2016
Source »undisclosed
Kalila Medical develops steerable catheter technologies for atrial fibrillation and other electro-physiological procedures.
These are all the companies that Abbott has acquired. Abbott has acquired 19 companies and its latest acquisition was GLP systems GmbH in Jun 2019. GLP is a developer of laboratory automation systems and analytical equipment for the medical diagnostic laboratory.
Abbott Funding History
Since Abbott was founded in 1888, it has participated in 3 rounds of funding. In total Abbott has raised $6.9M. Abbott's last funding round was on Feb 2011 for a total of $100.0K
ROUND
FUNDING DATE
AMOUNT
INVESTORS
Debt
Feb 2011
$100K
-
Debt
Feb 2010
$70K
-
Debt
Mar 2009
$6.7M
-
Since Abbott was founded in 1888, it has participated in 3 rounds of funding. In total Abbott has raised $6.9M. Abbott's last funding round was on Feb 2011 for a total of $100.0K
Abbott Investments
FOLLOW STATUS
COMPANY
DESCRIPTION
AMOUNT
INVESTMENT DATE
ROUND
EXIT DATE
These are all the companies that Abbott has invested in. Abbott has invested 19 companies and its latest investment was GLP systems GmbH in Jun 2019. GLP is a developer of laboratory automation systems and analytical equipment for the medical diagnostic laboratory.
Abbott News
June 11, 2021BioSpace
Abbott Declares 390th Consecutive Quarterly Dividend
The board of directors of Abbott (NYSE: ABT) today declared a quarterly common dividend of 45 cents p... See more »
June 8, 2021Medical Buyer
Abbott's placement of med. instruments in hospitals is supply of service
Placement of non-transferable medical instruments in hospitals without consideration will be consider... See more »
June 8, 2021Medical Device Network
Abbott obtains CE mark for steerable delivery system for LAA occlusion
The post Abbott obtains CE mark for steerable delivery system for LAA occlusion appeared first on Ver... See more »
June 7, 2021MarketScreener
and Walgreens Launch Pilot Program to Increase Access to Rapid Over-the-Counter Tests for Pennsylvania EBT Cardholders in Philadelphia
(marketscreener.com) ABBOTT PARK and DEERFIELD, Ill., June 7, 2021 - Abbott and Walgreens announced t... See more »
June 3, 2021MarketScreener
R&D pipeline continues to be highly productive, with a steady cadence of recent and upcoming product launches across the portfolio (Form 8-K)
(marketscreener.com) R&D pipeline continues to be highly productive, with a steady cadence of recent ... See more »
June 3, 2021FierceBiotech
As Medtronic discontinues faulty HeartWare device, Abbott offers up its own heart pump to meet demand
As Medtronic discontinues faulty HeartWare device, Abbott offers up its own heart pump to meet demand... See more »
June 1, 2021The Business Journals: Greensboro/Winston-Salem/High Point
Abbott Laboratories lowers outlook as demand for Covid-19 testing wanes, sending stock price down
Abbott Laboratories Inc. said Tuesday that it is lowering its earnings per share forecast for 2021 du... See more »
Abbott Press Releases
February 1, 2021PR Newswire
Easterseals And The Abbott Fund Join Together To Advance Health Equity Through The Black Child Fund
CHICAGO, Feb. 1, 2021 /PRNewswire/ -- The Abbott Fund, the foundation of the global healthcare compan... See more »
December 18, 2020PR Newswire
Abbott to Present at J.P. Morgan Healthcare Conference
ABBOTT PARK, Ill., Dec. 18, 2020 /PRNewswire/ -- Abbott (NYSE: ABT) will present virtually at the 39t... See more »
December 17, 2020PR Newswire
FDA Approves Labeling Update for Abbott's HeartMate 3 Heart Pump for use in Pediatric Patients
ABBOTT PARK, Ill., Dec. 17, 2020 /PRNewswire/ -- Abbott (NYSE: ABT) today announced the U.S. Food and... See more »
November 17, 2020Cision Canada
Abbott Launches the First Infant Formula in Canada with an Ingredient Identical in Structure to Immune Component Found in Breast Milk
/CNW/ -- Abbott (NYSE: ABT) launched its most innovative infant formula yet, Similac Pro-Advance® wit... See more »
November 17, 2020M2 PressWIRE
US government plans to send out over seven million Abbott Labs BinaxNOW tests for COVID-19
October 13, 2020M2 PressWIRE
Abbott's AdviseDx SARS-CoV-2 IgM lab serology test shows 99.56% specificity and 95.00% sensitivity
September 4, 2020centralcharts
Abbott appointed to UK trade role despite objections - BBC News
News videos - Abbott appointed to UK trade role despite objections - BBC News - Published on 09/04/20... See more »
Social Media
Abbott Headquarters
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Abbott Summary
ABOUT
Overview
Abbott Laboratories (NYSE: ABT) develops and distributes pharmaceuticals and health care products. It is an American worldwide health care company. It has 73,000 employees and operates in more than 150 countries. The company headquarters is in Lake Bl...
CEO
Abbott's President & CEO, Robert B. Ford, currently has an approval rating of 73%. Abbott's primary competitors are Johnson & Johnson, Pfizer & Novartis.Website
abbott.comFrequently Asked Questions about Abbott
When was Abbott founded?
Abbott was founded in 1888Who is Abbott's CEO?
Abbott's CEO is Robert B. FordHow much revenue does Abbott generate?
Abbott generates $37.3B in revenueHow much funding does Abbott have?
Abbott has historically raised $6.9M in fundingWhere is Abbott's headquarters?
Abbott's headquarters is in Abbott Park Illinois, USA
How many employees does Abbott have?
Abbott has 103,000 employeesWhat sector does Abbott operate in?
Abbott is in Health Care EquipmentWho are Abbott's competitors?
Abbott's top competitors are Johnson & Johnson, Pfizer, NovartisWho has Abbott invested in?
Abbott's has invested in companies such as Bigfoot, Bigfoot, Bigfoot
