Abbott Laboratories (ABT) Sector
Health Care

(Current) $118.64
0.07 (0.06%) Open Price: 118.62

Abbott Laboratories, commonly known as Abbott, is a multinational healthcare company with a long history of innovation and excellence. The company was founded in 1888 by Dr. Wallace C. Abbott in Chicago, Illinois, USA. Originally named the Abbott Alkaloidal Company, it began as a small drugstore, and over the years, it evolved into a global healthcare giant.

Abbott's core focus is on developing and manufacturing a wide range of healthcare products, including pharmaceuticals, medical devices, diagnostic tools, and nutrition products. The company operates in multiple segments, including Established Pharmaceuticals, Nutritionals, Diagnostics, and Medical Devices.

In the pharmaceuticals segment, Abbott develops and markets a diverse portfolio of drugs, covering various therapeutic areas such as cardiovascular, neuroscience, immunology, and infectious diseases. Their medical devices division is responsible for producing cardiovascular, diabetes care, and neuromodulation devices, among others. The diagnostics division offers a comprehensive range of diagnostic systems, assays, and instruments for various medical applications.

Abbott's nutrition segment produces infant formula, adult nutrition products, and nutritional supplements. This division is well-known for brands like Similac, Pedialyte, and Ensure, catering to the nutritional needs of people across different life stages.

Over the years, Abbott has achieved numerous milestones, including the development of life-changing medical devices and groundbreaking pharmaceuticals. The company continues to invest heavily in research and development to bring innovative healthcare solutions to patients worldwide. Abbott is recognized for its dedication to improving human health, and its products and services have made a significant impact on the global healthcare landscape.

(03/01/24) $118.62
(03/02/24) $118.57
(03/02/24) (Qty.)3,899,281
(03/01/24) $117.83
(03/01/24) $119.46
(10/08/23) $89.67
(02/25/24) $120.45
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