Abbott Laboratories

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Abbott Laboratories

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(NYSE:ABT)
Contact Information
Abbott Laboratories
100 Abbott Park Rd.
Abbott Park, IL 60064-6400
IL Tel. 847-937-6100

Type: Public
On the web: http://www.abbott.com
Employees: 91,000
Employee growth: 1.1%

Filling baby bottles and soothing aching joints are a habit for Abbott. Abbott Laboratories is a top health care products manufacturer. Its pharmaceuticals include HIV treatments Norvir and Kaletra, rheumatoid arthritis therapy Humira, and Lupron to treat endometriosis and prostate cancer. Its nutritional products division makes such well-known brands as Similac infant formula and the Ensure line of nutrition supplements. The company also makes diagnostic instruments (including tests and assays), vascular medical devices such as its Xience drug-eluting stents, and the FreeStyle diabetes care line, as well as products for the eye. Abbott has announced it will split apart its medical products and research drug units.

Key numbers for fiscal year ending December, 2011:
Sales: $38,851.3M
One year growth: 10.5%
Net income: $4,728.4M
Income growth: 2.2%

Officers:
Chairman and CEO: Miles D. White
EVP Finance and CFO: Thomas C. (Tom) Freyman
EVP Corporate Development: Richard W. Ashley

Competitors:
Merck
Roche Holding
Sanofi

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