ABT
- Abbott Laboratories
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Overview
Company Summary
Abbott Laboratories (ABT) is a global healthcare company that specializes in the development, manufacture, and distribution of a wide range of healthcare products and technologies. The company operates in four key segments: Established Pharmaceuticals, Nutritionals, Diagnostics, and Medical Devices.
In the Established Pharmaceuticals segment, Abbott focuses on the manufacture and sale of a diverse portfolio of generic pharmaceuticals across various therapeutic areas. This includes a wide range of prescription drugs and over-the-counter medications.
Abbott's Nutritionals segment is dedicated to providing a wide range of nutritional products for people of all ages. These include infant formula, adult nutritional drinks, and products for people with specific dietary needs, such as those who are lactose intolerant or require specialized nutrition due to certain medical conditions.
The Diagnostics segment of Abbott Laboratories is involved in the development, manufacturing, and sale of diagnostic systems, tests, instruments, and consumables. These products are utilized by healthcare professionals to aid in the detection, diagnosis, and monitoring of various diseases and medical conditions. The diagnostics portfolio includes products for blood screening, molecular diagnostics, point-of-care testing, and infectious disease testing, among others.
Lastly, Abbott's Medical Devices segment focuses on the development, manufacture, and sale of a broad range of medical devices and technologies. This segment covers various areas, including cardiovascular devices (such as stents and heart valves), diabetes care (such as glucose monitoring systems and insulin delivery devices), vision care (such as contact lenses), and other healthcare devices for the management of pain, neurological conditions, and more.
Overall, Abbott Laboratories operates in multiple sectors within the healthcare industry, offering a diverse portfolio of products and technologies that aim to improve the lives of people around the world by providing innovative solutions for better health outcomes.