Abbott a Case Study

In: Business and Management

Submitted By tuna72
Words 2317
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ABBOTT Laboratories (ABT)
Financial Ratio Case Study

Company Profile:
Abbott Laboratories (ABT)
100 Abbott Park Road
Abbott Park, IL 60064-6400
Phone: 847-937-6100
Fax: 847-937-1511
Website: http://www.abbott.com
Sector: Healthcare
CEO: Miles D. White
Number of Employees: 91,000
Major areas of operations: Pharmaceutical Products, Diagnostic Products, Nutritional Products and Vascular Products.

Abbott Laboratories (ABT) is an American-based global, diversified pharmaceuticals and health care products company. It employs about 91,000 employees and operates in more than 130 countries around the world. The company headquarters are in Abbott Park, North Chicago, Illinois. The company was founded by Chicago physician, Dr. Wallace Calvin Abbott in 1888.
Abbott's core businesses focus is on pharmaceuticals, medical devices and nutritional products, which have been supplemented through several notable acquisitions throughout the years. Its operation is divided into six major divisions: Animal Health, Diabetes Care, Diagnostics, Molecular Analysis (DNA, RNA, proteins at molecular level) and Nutrition along with Vascular Technologies.
In 1985, ABT developed the first HIV blood screening test. They also have a broad range of medical devices, diagnostics and immunoassay products as well as nutritional products, including Ensure, a line of well known meal replacement shakes, and EAS, the largest producer of performance based nutritional supplements.
ABT’s in vitro diagnostics business is a world leader in immunoassays and blood screening. ABT's broad range of medical tests and diagnostic instrument systems are used worldwide by hospitals, laboratories, blood banks, and physician offices to diagnose and monitor diseases such as HIV, hepatitis, cancer, heart failure and metabolic disorders, as well as assess other important indicators of general health.…...

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