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Abbott Laboratories (ABT)

-NYSE
42.93 Down 0.11(0.26%) 4:00PM EDT
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Abbott Laboratories
100 Abbott Park Road
Abbott Park, IL 60064
United States - Map
Phone: 847-937-6100
Website: http://www.abbott.com

Details 
Index Membership:N/A
Sector:Healthcare
Industry:Medical Appliances & Equipment
Full Time Employees:69,000

Business Summary 

Abbott Laboratories manufactures and sells health care products worldwide. Its Established Pharmaceutical Products segment offers branded generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency, irritable bowel syndrome, intrahepatic cholestasis or depressive symptoms, gynecological disorders, dyslipidemia, hypertension, hypothyroidism, pain, fever, and inflammation; and regulates physiological rhythm of the colon, as well as provides hormone replacement therapy and anti-infective and influenza vaccines. The company’s Diagnostic Products segment provides diagnostic systems and tests, such as immunoassay and clinical chemistry systems; assays for screening and diagnosis for drugs of abuse, cancer, therapeutic drug monitoring, fertility, and physiological and infectious diseases; hematology systems and reagents; genomic-based tests; informatics and automation solutions; and diagnostic systems and tests for blood analysis, as well as instruments that automate the extraction, purification, and preparation of DNA and RNA from patient samples, and detects and measures infectious agents. Its Nutritional Products segment offers pediatric and adult nutritional products, such as various forms of prepared infant and follow-on formula. The company’s Vascular Products segment provides coronary, endovascular, vessel closure, and structural heart devices for the treatment of vascular diseases. Abbott Laboratories also offers blood glucose and glucose monitoring systems, test strips, and data management software and accessories for people with diabetes; and medical devices for the eye, such as cataract surgery, LASIK surgery, and contact lens care and dry eye products. The company primarily serves retailers, wholesalers, hospitals, health care facilities, laboratories, physicians’ offices, and government agencies. It has strategic alliance with Fonterra Co-operative Group Ltd. The company was founded in 1888 and is headquartered in Abbott Park, Illinois.

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Corporate Governance 
Abbott Laboratories’s ISS Governance QuickScore as of Jul 1, 2014 is 4. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 8; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Miles D. White , 59
Chairman, Chief Exec. Officer and Chairman of Exec. Committee
6.13M11.13M
Mr. Thomas C. Freyman , 60
Chief Financial Officer and Exec. VP of Fin.
2.04M6.16M
Mr. Hubert L. Allen , 48
Exec. VP, Gen. Counsel and Sec.
1.52M0.00
Mr. Richard W. Ashley , 70
Exec. VP of Corp. Devel.
1.33M0.00
Mr. Brian J. Blaser , 49
Exec. VP of Diagnostic Products
1.49M0.00
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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