About

Abbott Laboratories, an American multinational medical devices and healthcare company, was founded in 1888 by Chicago physician Wallace Calvin Abbott to formulate known drugs. Headquartered in Abbott Park, Illinois, U.S., the company today sells medical devices, diagnostics, branded generic medicines, and nutritional products. In 2013, it split off its research-based pharmaceuticals business into AbbVie. As a public company, Abbott reported a revenue of US$ 41.9 billion in 2024.