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Abbott Laboratories (ABT)

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62.25 Down 0.17(0.27%) May 25, 4:01PM EDT|After Hours: 62.25 0.00 (0.00%) May 25, 4:28PM EDT

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Abbott Laboratories
100 Abbott Park Road
Abbott Park, IL 60064-6400
United States - Map
Phone: 847-937-6100
Fax: 847-937-1511
Website: http://www.abbott.com

Details 
Index Membership:N/A
Sector:Healthcare
Industry:Drug Manufacturers - Major
Full Time Employees:91,000

Business Summary 

Abbott Laboratories engages in the discovery, development, manufacture, and sale of health care products worldwide. The company offers adult and pediatric pharmaceuticals for rheumatoid and psoriatic arthritis, ankylosing spondylitis, psoriasis, juvenile idiopathic arthritis, and Crohn’s disease; dyslipidemia; HIV infection; prostate cancer, endometriosis and central precocious puberty, and anemia caused by uterine fibroids; respiratory syncytial virus; adult males who have low testosterone; secondary hyperparathyroidism; hypothyroidism; and pancreatic exocrine insufficiency, as well as anesthesia products. It also offers diagnostic systems and tests, such as immunoassay and clinical chemistry systems; assays for screening and/or diagnosis for drugs of abuse, cancer, therapeutic drug monitoring, fertility, and physiological and infectious diseases; instruments that automate the extraction, purification, and preparation of DNA and RNA from patient samples, and detects and measures infectious agents; genomic-based tests; hematology systems and reagents; and diagnostic systems and tests for blood analysis. In addition, the company provides coronary, endovascular, vessel closure, and structural heart devices, such as drug-eluting stent systems, coronary metallic stents, balloon dilatation products, coronary guidewires, carotid stent systems, valve repair systems, and drug-eluting bioresorbable vascular products. Further, it offers branded generic pharmaceuticals; pediatric and adult nutritional products; blood glucose monitoring meters, test strips, 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. Abbott Laboratories was founded in 1888 and is headquartered in Abbott Park, Illinois.

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Corporate Governance 
Abbott Laboratories’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Medium Concern), Compensation (High Concern), Shareholder Rights (Medium Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Miles D. White , 57
Chairman, Chief Exec. Officer and Chairman of Exec. Committee
7.00M1.20M
Mr. Thomas C. Freyman , 58
Chief Financial Officer and Exec. VP of Fin.
2.34M118.00K
Mr. Richard A. Gonzalez , 58
Exec. VP of Pharmaceutical Products
2.50M0.00
Mr. Edward L. Michael , 55
Exec. VP of Diagnostic Products
1.50M683.00K
Ms. Laura J. Schumacher , 48
Exec. VP, Gen. Counsel and Sec.
2.16M14.00K
Amounts are as of Dec 30, 2011 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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