ABT 📈 Abbott Laboratories - Overview

Abbott Laboratories is a multinational healthcare company that develops, manufactures, and markets a wide range of healthcare products globally. The company operates through four primary segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. Its pharmaceutical offerings include a diverse portfolio of generic medications for treating various conditions, such as pancreatic exocrine insufficiency, irritable bowel syndrome, and hormone replacement therapy, as well as anti-infective medications like clarithromycin and influenza vaccines. Additionally, Abbott provides products that regulate the physiological rhythm of the colon, addressing gastrointestinal health.

The company's diagnostic product portfolio is equally extensive, featuring laboratory and transfusion medicine systems that cater to immunoassay, clinical chemistry, hematology, and transfusion needs. It also offers molecular diagnostics solutions, including polymerase chain reaction instrument systems that automate DNA and RNA extraction, purification, and preparation from patient samples, enabling the detection and measurement of infectious agents. Point-of-care systems, cartridges for testing various blood parameters, rapid diagnostics lateral flow testing products, and molecular point-of-care testing solutions for diseases like HIV, SARS-CoV-2, and influenza are also part of its offerings. Furthermore, Abbott provides cardiometabolic test systems, drug and alcohol testing solutions, remote patient monitoring systems, and consumer self-test systems, along with informatics and automation solutions for laboratories to enhance efficiency and accuracy.

Abbott's nutritional products cater to both pediatric and adult needs, providing essential nutrients for growth and maintenance of health. The company is also a significant player in the medical devices sector, particularly in the treatment of cardiovascular diseases, offering rhythm management, electrophysiology, heart failure, vascular, and structural heart devices. Its diabetes care products include glucose and blood glucose monitoring systems, which are crucial for managing diabetes. Additionally, Abbott develops and markets neuromodulation devices designed to manage chronic pain and movement disorders, improving the quality of life for patients with these conditions.

With a rich history dating back to 1888, Abbott Laboratories is headquartered in North Chicago, Illinois. The company's commitment to innovation and its broad spectrum of healthcare products and services position it as a leader in the global healthcare industry. Its presence is felt worldwide, with a significant online presence at https://www.abbott.com, and it is listed on the New York Stock Exchange (NYSE) under the ticker symbol ABT, with the ISIN US0028241000, classified as a common stock under the GICS Sub Industry: Health Care Equipment.