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Abbott

Abbott Laboratories is an American healthcare company that develops, manufactures and distributes pharmaceuticals and health care products. Read more

Robert B. Ford's photo - President & CEO of Abbott

President & CEO

Robert B. Ford

CEO Approval Rating

73/100

Founded:

1888

Status:

PublicIndependent CompanyNYSEABT

ABBOTT TOP COMPETITORS OR ALTERNATIVES

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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.

Pfizer is seen as one of Abbott's biggest rivals. Pfizer was founded in 1849 in New York, New York. Pfizer competes in the Pharmaceuticals industry. Pfizer generates $7.1B more revenue than Abbott.

Novartis is one of Abbott's top competitors. Novartis was founded in 1996, and its headquarters is in Basel, Basel-City. Novartis is in the Pharmaceuticals industry. Novartis has 7,000 more employees than Abbott.

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Competitor - 1/1

Is Medtronic a competitor of Abbott?

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

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Bigfoot is a California-based medical device company that develops and distributes automated insulin delivery systems for treating patients with diabetes.
$10M
Jun 01, 2020
Series C
-
Bigfoot is a California-based medical device company that develops and distributes automated insulin delivery systems for treating patients with diabetes.
$45M
Jan 12, 2020
Series C
-
Bigfoot is a California-based medical device company that develops and distributes automated insulin delivery systems for treating patients with diabetes.
$18M
Mar 27, 2018
Series B
-

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 »
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

100 Abbott Park Road

Abbott Park, Illinois60064

224-667-6100

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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.com

Frequently Asked Questions about Abbott

  1. When was Abbott founded?

    Abbott was founded in 1888
  2. Who is Abbott's CEO?

    Abbott's CEO is Robert B. Ford
  3. How much revenue does Abbott generate?

    Abbott generates $37.3B in revenue
  4. How much funding does Abbott have?

    Abbott has historically raised $6.9M in funding
  5. Where is Abbott's headquarters?

    Abbott's headquarters is in Abbott Park Illinois, USA
  1. How many employees does Abbott have?

    Abbott has 103,000 employees
  2. What sector does Abbott operate in?

    Abbott is in Health Care Equipment
  3. Who are Abbott's competitors?

    Abbott's top competitors are Johnson & Johnson, Pfizer, Novartis
  4. Who has Abbott invested in?

    Abbott's has invested in companies such as Bigfoot, Bigfoot, Bigfoot