Abbott

Company Overview

Abbott is a medical technology company that designs, develops, manufactures, and markets medical devices, diagnostics, nutritional products, and generic medicines. The company operates its business through four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices.

The Established Pharmaceutical Products segment portfolios span multiple therapeutic areas, including gastroenterology, women’s health, cardiometabolic, pain management/central nervous system, and respiratory. The Nutritional Products segment offers a wide range of nutritional products to meet children's and adults' different health and dietary needs, infant formula and follow-on formula, adult and other pediatric nutritional products, and nutritional products used in enteral feeding in healthcare institutions.

The diagnostics segment provides various systems and tests that provide comprehensive healthcare solutions. The Medical Devices segment includes products for cardiovascular treatment, diabetes care, and neuromodulation for managing chronic pain and movement disorders.

Abbott sells its products in more than 160 countries globally and has a strong presence in the U.S., Europe, and Asia Pacific.

Financial Highlights (FY 2024)

Company's Business Segments

• Established Pharmaceutical Products : Gastroenterology, Women’s health, Cardiovascular and metabolic, Pain and central nervous system, and Respiratory drugs and vaccines
• Nutritional Products : Infant formula and follow-on formula, Adult and other pediatric nutritional, and Nutritional used in enteral feeding in health care institutions
• Diagnostic Products : Core laboratory and transfusion medicine systems in the areas of immunoassay, Molecular diagnostics polymerase chain reaction (PCR) instrument systems, Point of care systems, Rapid diagnostics lateral flow testing products in the area of infectious diseases such as SARS-CoV-2, and informatics and automation solutions for use in laboratories
• Medical Devices : Rhythm management, Electrophysiology, Heart failure, Vascular, Structural heart, Continuous glucose and blood glucose monitoring systems, and Neuromodulation