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Abbott Laboratories is an American multinational medical devices and health care company with headquarters in Abbott Park, Illinois, in the United States. The company was founded by Chicago physician Wallace Calvin Abbott in 1888 to formulate known drugs; today, it sells medical devices, diagnostics, branded generic medicines and nutritional products.
Phillips retained about a third of the company, which he sold in 2004. [1] [2] In 2005, EAS was purchased by Abbott Laboratories for approximately $320 million in a cash-for-stock transaction and existed as a solely-owned division of Abbott. [3] The refreshed product line focused on sports bars, drink mixes, and similar products.
The company was named after Jude the Apostle, the patron saint of lost causes. [4] St. Jude Medical was founded in 1976 and went public in 1977, [4] [5] and the company has been listed in the Fortune 500 every year since 2010. [6] The company was acquired by Abbott Laboratories in January 2017. [7] [8]
The company packaged its U.S. drug portfolio and pipeline into AbbVie , leaving it with its medical device and equipment products and responsibility for 1 Year After the Spin-Off, Abbott ...
Ensure is an American brand of nutritional supplements and meal replacements manufactured by Abbott Laboratories.. A 237-ml (8-fl oz) bottle of Ensure Original contains 220 calories, six grams of fat, 15 grams of sugar, and nine grams of protein.
Rounding out this list of top income stocks is Abbott Laboratories. What's great about this stock is the diversity that it offers investors. Abbott is a testing company, a pharma business, and a ...
Pharmaceutical company AbbVie spun off from Abbott Laboratories back in 2013. ... The company has been pursuing acquisitions in recent years to bolster its growth prospects, including a mammoth ...
Robert B. Ford is an American businessman and the thirteenth chief executive officer at Abbott Laboratories, a publicly-traded medical devices and health care company based in Abbott Park, Illinois. [1] He received a bachelor's degree from Boston College and an MBA from Haas School of Business. [2]