Area: Diagnostics, medical devices, generic pharmaceuticals, and nutritionals.
Products You Might Know: The “Freestyle” range of blood glucose monitoring devices, Brufen, Similac. In 2018, Abbott became the first medical device company to introduce a smartphone app glucose reader in the United States.
Brief History: Abbott worldwide was founded in 1888. Today, Abbott employs approximately 107,000 people in over 160 countries, with global sales in 2019 of $31.8 billion. Abbott work in research, development, manufacture, and marketing of a range of products. They have several different areas of interest, including pharmaceuticals, medical devices, nutrition, and diagnostics.
Presence in the US: Founded in the US, Abbott’s headquarters are in Chicago, Illinois. They have a number of manufacturing sites across the US including in Arizona, Minnesota and Ohio.