Abbott Laboratories

Abbott Laboratories

Community score

+1.87 -55
Industry: Medical Technology and Equipment
Listing country: United States
Year added: 2018

Founded in 1888, Abbott Laboratories has grown into a leading global healthcare company, with its headquarters established in Abbott Park, Illinois, United States. The company's business activities span several critical segments, which include Established Pharmaceutical Products, Nutritional Products, Diagnostic Products, Medical Devices, and a diverse 'Others' category encapsulating various healthcare services and products. Abbott Laboratories' prominence in the market is partly due to its strong brand portfolio. Notable brands under its wing include Similac, a range of infant formulas known for their nutritional quality; Ensure, providing adult nutrition products that cater to a variety of dietary needs; Pedialyte, an electrolyte solution designed for children that aids in hydration; FreeStyle, which encompasses a line of diabetes care products that offer innovative glucose monitoring systems; and Abbott Molecular, specialists in molecular diagnostics products. The company's global reach is extensive, with products and services sold in over 160 countries. Among these, some of the most important markets are the United States, China, India, Russia, and various nations across Europe, Latin America, and the Asia-Pacific region, ensuring a strong and diversified geographic presence in the healthcare market. (Powered by AI)

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Abbott Laboratories

In 2021, global GHG emissions amounted to 40.8 billion tonnes (t) of CO2e1;p11. To meet the goals of the Paris Agreement, from 2020 to 2030, annual GHG emission reductions of 7.6% are required2. The rapid increase in the emission of greenhouse gas...

Renu R. September 26th, 2023
64 ratings
Abbott Laboratories

As of 2020, 34 million Americans live with diabetes9. Glucose monitors are used to determine the level of glucose in the blood, providing information that helps patients avoid high and low blood sugar levels and other complications associated with...

Paul A. August 24th, 2022
42 ratings
Abbott Laboratories

Antitrust laws prevent predatory practices like monopolization, which result in price hikes, lower customer choice, and higher prices8,9. Millions of dollars are also spent by patients every year on quacks and fraudulent products1. A quack is defi...

Ardit N. April 22nd, 2022
78 ratings
Abbott Laboratories

The pharmaceutical industry plays a significant role in disease eradication and improving longevity by R&D into novel cures and treatment options to tackle a wide range of illnesses1. According to the WHO, 2 Bn people lack access to essential medi...

Ramee B. July 25th, 2022
40 ratings

Most negative / positive SDG

+3.38
-3.76