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Abbott Laboratories

 
Hoover's Profile: Abbott Laboratories
(NYSE:ABT)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Abbott Laboratories
100 Abbott Park Rd.
Abbott Park, IL 60064-6400
IL Tel. 847-937-6100
Fax 847-937-9555

Type: Public
On the web: http://www.abbott.com
Employees: 69,000
Employee growth: 1.5%

Filling baby bottles and soothing aching joints are a habit for Abbott. Abbott Laboratories is one of the US's top health care products makers. The company's pharmaceuticals include HIV treatment Norvir, rheumatoid arthritis therapy Humira, and obesity drug Meridia. Its nutritional products division makes such well-known brands as Similac infant formula and the Ensure line of nutrition supplements. Abbott also makes diagnostic instruments and tests, including the FreeStyle diabetes care line, as well as vascular and ocular medical devices. Its animal health division offers wound care, nutritional supplements, and IV supplies. The company sells its products in about 130 countries through affiliates and distributors.

Key numbers for fiscal year ending December, 2008:
Sales: $29,527.6M
One year growth: 13.9%
Net income: $4,880.7M
Income growth: 35.3%

Officers:
Chairman and CEO: Miles D. White
EVP Finance and CFO: Thomas C. (Tom) Freyman
VP Public Affairs: Catherine V. Babington

Competitors:
Merck
Roche Holding
Sanofi-Aventis

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