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Abbott Labs (ABT) Company Profile

Updated Dec 2, 2019
Abbott Labs has the following business profile:
Company's Full Name:Abbott Laboratories
Short Name:Abbott Labs
Trading Ticker Symbol:ABT
Primary Exchange:NYSE
Headquarter City/Country:North Chicago, Illinois
Primary Industry Sector:Health Care
Seconday Sub-sector:Major Pharmaceuticals
Main Business Areas: Health Care, Major Pharmaceuticals, Medical Devices
Dividend Payments:Dividend History

Market and Trading Information for Abbott Labs

The following details were available for trading and market data about the stock of Abbott Labs as of writing:
Current Share Price:$84.51
Previous Year's Closing Price:$72.33
Percentage Price Change (YTD):16.84%
Market Cap:$149.45 billion
52-week Price Range:$65.44 - $88.76
Dividend Per Share:$1.24
EPS (TTM):1.84
Price-Earnings (Trailing):45.93
Price-Earnings (Forward):23.48

Company Profile and Business Description for Abbott Labs

Abbott Laboratories, incorporated on March 6, 1900, is engaged in the discovery, development, manufacture and sale of a range of healthcare products. The Company operates through four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products and Vascular Products. The Company, through St. Jude Medical, Inc., also offers a range of products, such as rhythm management products, electrophysiology products, heart failure related products, vascular products, structural heart products and neuromodulation products.

The principal products in the Company's other businesses include blood glucose and flash glucose monitoring systems, including test strips, sensors, data management decision software, and accessories for people with diabetes, under the FreeStyle brand, and medical devices for the eye, including cataract surgery, laser-assisted in situ keratomileusis (LASIK) surgery, contact lens care products and dry eye products. These products are marketed around the world and sold to wholesalers, government agencies, private healthcare organizations, healthcare facilities, mail order pharmacies, and independent retailers from its distribution centers and public warehouses.

Established Pharmaceutical Products

The Company's Established Pharmaceutical Products include a range of branded generic pharmaceuticals manufactured around the world and marketed and sold outside the United States. These products are sold directly to wholesalers, distributors, government agencies, healthcare facilities, pharmacies, and independent retailers from its distribution centers and public warehouses, depending on the market served. The principal products included in the therapeutic area of the Established Pharmaceutical Products segment are gastroenterology products, women's health products, cardiovascular and metabolic products, pain and central nervous system products, and respiratory drugs and vaccines.

The gastroenterology products include Creon, which is used for the treatment of pancreatic exocrine insufficiency associated with various underlying conditions, including cystic fibrosis and chronic pancreatitis; Duspatal and Dicetel, which is used for the treatment of irritable bowel syndrome or biliary spasm; Heptral, Transmetil and Samyr, which is used for the treatment of intrahepatic cholestasis (associated with liver disease) or depressive symptoms, and Duphalac, which is used for regulation of the physiological rhythm of the colon. Its women's health products include Duphaston, which is used for the treatment of various gynecological disorders, and Femoston, which is a hormone replacement therapy for postmenopausal women.

The cardiovascular and metabolic products include Lipanthyl and TriCor, which is used for the treatment of dyslipidemia; Teveten and Teveten Plus, which is used for the treatment of essential hypertension; Physiotens, which is used for the treatment of hypertension, and Synthroid, which is used for the treatment of hypothyroidism. Its pain and central nervous system products include Serc, which is used for the treatment of Meniere's disease and vestibular vertigo; Brufen, which is used for the treatment of pain, fever and inflammation, and Sevedol, for the treatment of severe migraines. Its respiratory drugs and vaccines include the anti-infective clarithromycin, which are sold under the brands Biaxin, Klacid, and Klaricid, and Influvac, which is an influenza vaccine.

Diagnostic Products

The Company's Diagnostic Products include a range of diagnostic systems and tests manufactured, marketed, and sold around the world. These products are marketed and sold to blood banks, hospitals, commercial laboratories, clinics, physicians' offices, government agencies, alternate care testing sites and plasma protein therapeutic companies from its distribution centers, public warehouses or third party distributors. The principal products in the Diagnostic Products segment include immunoassay and clinical chemistry systems, including ARCHITECT, ABBOTT PRISM, and the Alinity family of instruments, with assays used for screening and/or diagnosis for cancer, cardiac, metabolics, drugs of abuse, fertility, general chemistries, infectious diseases, such as hepatitis and human immunodeficiency virus (HIV), and therapeutic drug monitoring; a range of hematology systems and reagents known as the Cell-Dyn series; the i-STAT and i-STAT Alinity point-of-care diagnostic systems and cartridges for blood analysis; m2000, which is an instrument that automates the extraction, purification, and preparation of deoxyribonucleic acid (DNA) and ribonucleic acid (RNA) from patient samples, and detects and measures infectious agents; the Vysis FISH product line of genomic-based tests, including the PathVysion Human Epidermal Growth Factor Receptor 2 (HER-2) DNA probe kit, the UroVysion bladder cancer recurrence kit, and the Vysis ALK Break Apart FISH Probe Kit, and informatics and automation solutions for use in laboratories, including ACCELERATOR a3600, and AlinIQ, a range of informatics tools and professional services.

Nutritional Products

The Company's Nutritional Products include a range of pediatric and adult nutritional products manufactured, marketed and sold around the world. These products are marketed and sold to consumers and to institutions, wholesalers, retailers, healthcare facilities, government agencies, and third-party distributors from its distribution centers or third-party distributors. The products in the Nutritional Products segment include various forms of prepared infant formula and follow-on formula, including Similac, Similac Pro-Advance, Similac Advance, Similac Pro-Sensitive, Similac Sensitive, Go&Grow by Similac, Similac NeoSure, Similac Organic, Similac Special Care, Similac Total Comfort, Similac For Supplementation, Isomil Advance, Similac Qinti and Eleva; adult and other pediatric nutritional products, including Ensure, Ensure Plus, Ensure Enlive, Ensure Complete, Ensure High Protein, Glucerna, Glucerna Hunger Smart, ProSure, PediaSure, PediaSure Sidekicks, PediaSure Peptide, EleCare, Juven, Abound and Pedialyte; nutritional products, which are used in enteral feeding in healthcare institutions, including Jevity, Osmolite, Oxepa, Freego (Enteral Pump) and Freego sets, Nepro, and Vital, and Zone Perfect bars and the EAS family of nutritional brands, including Myoplex and AdvantEdge.

Vascular Products

The Company's Vascular Products include a range of coronary, endovascular, vessel closure and structural heart devices for the treatment of vascular disease that are manufactured, marketed and sold around the world. In the United States, these products are marketed and sold to hospitals from its distribution centers and public warehouses. The products in the Vascular Products segment include the XIENCE family of drug-eluting coronary stent systems developed on the Multi-Link Vision platform; StarClose SE and ProGlide vessel closure devices; TREK coronary balloon dilatation products; Hi-Torque Balance Middleweight Universal and ASAHI coronary guidewires; MitraClip, which is a percutaneous mitral valve repair system; Supera Peripheral Stent System, which is a peripheral vascular stent system, and Acculink/Accunet, and Xact/Emboshield NAV and carotid stent systems.

100 Abbott Park Rd

Peer / Competitor Companies of Major Pharmaceuticals Sector

Along with Abbott Laboratories, the following other peer (competitor) companies also exist within the same Major Pharmaceuticals - Health Care sector whose company profile and dividend history is as follows:

▶ AbbVie (ABBV): AbbVie Inc. (AbbVie), incorporated on April 10, 2012, is a research-based biopharmaceutical company. The Company is engaged in the discovery, development, manufacture and sale of a range of pharmaceutical products. ....See Detailed Company Profile  and Dividend History.

▶ Abeona Therapeutics (ABEO): Abeona Therapeutics, Inc. (Abeona), formerly PlasmaTech Biopharmaceuticals, Inc., incorporated on June 22, 1989, is focused on developing and delivering gene therapy and plasma-based products for rare diseases. The Companys lead ....See Detailed Company Profile  and Dividend History.

▶ Abeona Therapeutics (ABEOW): ....See Detailed Company Profile  and Dividend History.

▶ AC Immune SA (ACIU): AC Immune Ltd is a Switzerland-based company engaged in the medical biotechnology sector. It develops treatments for Alzheimers and other neurodegenerative diseases, such as Down syndrome, glaucoma and Parkinsons, and ....See Detailed Company Profile  and Dividend History.

▶ ACADIA Pharma (ACAD): ACADIA Pharmaceuticals Inc., incorporated on January 16, 1997, is a biopharmaceutical company. The Company is focused on the development and commercialization of medicines for central nervous system (CNS) disorders. The ....See Detailed Company Profile  and Dividend History.

▶ Acasti Pharma (ACST): Acasti Pharma Inc. is a clinical-stage biopharmaceutical company. The Company is engaged in developing, clinically studying and marketing new pharmaceutical products to treat human cardiovascular conditions. The Company is involved ....See Detailed Company Profile  and Dividend History.

▶ AcelRx Pharma (ACRX): AcelRx Pharmaceuticals, Inc., incorporated on July 13, 2005, is a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of moderate-to-severe acute pain. The Company ....See Detailed Company Profile  and Dividend History.

▶ Achaogen (AKAO): Achaogen, Inc., incorporated on November 26, 2002, is a late-stage biopharmaceutical company. The Company is engaged in the discovery, development and commercialization of antibacterial treatments against multi-drug resistant (MDR) gram-negative ....See Detailed Company Profile  and Dividend History.

▶ Achillion Pharma (ACHN): Achillion Pharmaceuticals, Inc., incorporated on August 5, 1998, is a biopharmaceutical company. The Company is engaged in the discovery and development of small molecule drug therapies for infectious diseases and ....See Detailed Company Profile  and Dividend History.

▶ Aclaris Therapeutics (ACRS): Aclaris Therapeutics, Inc., incorporated on July 13, 2012, is a clinical-stage specialty pharmaceutical company. The Company is focused on identifying, developing and commercializing differentiated drugs for the treatment of dermatological ....See Detailed Company Profile  and Dividend History.

▶ Actinium Pharma (ATNM): Actinium Pharmaceuticals, Inc. (Actinium), incorporated on March 20, 2013, is a clinical-stage biopharmaceutical company engaged in developing cancer treatments. The Company is engaged in developing therapies for diseases using its ....See Detailed Company Profile  and Dividend History.

▶ Acura Pharma (ACUR): Acura Pharmaceuticals, Inc., incorporated on April 10, 1935, is a pharmaceutical company. The Company is engaged in the research, development and commercialization of technologies and products intended to address medication ....See Detailed Company Profile  and Dividend History.

▶ Adamas Pharma (ADMS): Adamas Pharmaceuticals, Inc., incorporated on November 15, 2000, is a pharmaceutical company. The Company is engaged in developing medicines to manage the daily lives of those affected by chronic neurologic ....See Detailed Company Profile  and Dividend History.

▶ Adamis Pharma (ADMP): Adamis Pharmaceuticals Corporation, incorporated on April 22, 2004, is a pharmaceutical company. The Company is engaged in the development of its specialty pharmaceutical products. The Company is developing various products ....See Detailed Company Profile  and Dividend History.

▶ Aduro Biotech (ADRO): Aduro Biotech, Inc., incorporated on May 5, 2011, is an immunotherapy company. The Company focuses on the discovery, development and commercialization of therapies that manage the treatment of various diseases, ....See Detailed Company Profile  and Dividend History.

▶ Advanced Accelerator Applications (AAAP): Advanced Accelerator Applications S.A., incorporated on March 1, 2002, is a radiopharmaceutical company. The Company develops, produces and commercializes molecular nuclear medicine (MNM), diagnostic and therapeutic products. MNM uses trace ....See Detailed Company Profile  and Dividend History.

▶ Advaxis (ADXS): Advaxis, Inc., incorporated on February 28, 2002, is a clinical-stage biotechnology company focused on the discovery, development and commercialization of Listeria monocytogenes (Lm)-Listeriolysin O (LLO) cancer immunotherapies. These immunotherapies are ....See Detailed Company Profile  and Dividend History.

▶ Advaxis (ADXSW): ....See Detailed Company Profile  and Dividend History.

▶ Aeglea BioTherapeutics (AGLE): Aeglea BioTherapeutics, Inc., incorporated on December 16, 2013, is a biotechnology company. The Company is engaged in the development of enzyme-based therapeutics in the field of amino acid metabolism to ....See Detailed Company Profile  and Dividend History.

▶ AEterna Zentaris (AEZS): Aeterna Zentaris Inc., incorporated on October 12, 1990, is a specialty biopharmaceutical company engaged in developing and commercializing treatments in oncology, endocrinology and womens health. The Company operates through the ....See Detailed Company Profile  and Dividend History.

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