| ABBOTT
LABORATORIES www.abbott.com |
| Industry
Group Code: 325412 |
Ranks
within this company's industry group: |
Sales: 8 |
Profits: 7 |
|
BUSINESS
ACTIVITIES: ("Y" = Yes)
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| Insurance/HMO/PPO: |
| Insurance: |
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| Managed
Care : |
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| Utilization
Management: |
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| Payment
Process.: |
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| Drugs: |
| Manufacturer: |
Y |
| Distributor/Retail: |
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| Specialty
Pharm.: |
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| Vitamins/Nutritionals: |
Y |
| Clinical
Trials: |
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| Equipment/Supplies: |
| Manufacturer: |
Y |
| Distributor: |
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| Leasing/Finance: |
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| Info.
Systems: |
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| Hospitals/Clinics:
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| Acute
Care: |
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| Sub-Acute: |
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| Outpatient
Surgery: |
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| Physical
Rehab. Ctr.: |
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| Psychiatric
Clinic: |
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| Sevices: |
| Diagnostic: |
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| Labs/Testing: |
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| Staffing: |
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| Waste
Disposal: |
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| Specialty
Svcs.: |
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| Health
Care: |
| Home
Health: |
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| Long-term
Care: |
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| Physical
Therapy: |
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| Phys.
Practice Mgtm.: |
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| TYPES
OF BUSINESS: |
GROWTH
PLANS/SPECIAL FEATURES: |
Drugs-Antibiotics
and Synthetic Hormones
Nutritional Products
Diagnostic Systems
Consumer Health Products
Hospital Products
|
Abbott Laboratories' principal business
is the discovery, development, manufacture and sale
of a diversified line of health care products and
services. The company operates through four major
business segments: pharmaceutical products, diagnostic
products, Ross products and international. The firm
also owns a 50% interest in TAP Pharmaceutical Products,
Inc., which makes the best-selling prostate cancer
drug, Lupron, and Prevacid (a.k.a. Ogastro), a proton
pump inhibitor for the short-term treatment of gastroesophageal
reflux disease, duodenal ulcers, gastric ulcers
and erosive esophagitis. The pharmaceutical products
segment produces a broad line of adult and pediactric
pharmaceuticals, such as Depakote, which treats
epilepsy, migraine and bipolar disorder; the anti-infective
clarithromycin; various forms of erythromycin; and
a broad line of cardiovascular products. The diagnostics
segment markets diagnostic systems for blood banks,
hospitals, commercial laboratories, alternate-care
testing sites and consumers. The Ross products segment
manufactures a broad line of adult and pediatric
nutritionals, as well as specialty pharmaceuticals.
Ross brands include Similac and Isomil infant formulas,
Ensure, Pedialyte and Zone Perfect. The international
segment markets a broad line of pharmaceutical and
nutritional products outside the U.S., including
anti-virals Kaletra and Norvir (protease inhibitors
for the treatment of HIV infection), Synagis for
the prevention of respiratory syncytial virus, HUMIRA
for the treatment of rheumatoid arthritis, cardiovascular
products, anesthesia products, and adult and pediatric
nutritional products. In 2004, Abbot spent approximately
$1.7 billion on research and development. In other
news, Abbot acquired EAS, Inc., a national supplement
manufacturer. The company spun off its hospital
products segment to form Hospira, Inc.
Abbott offers a full benefits package
to its employees. Fortune Magazine has ranked Abbott
as one of the top 50 companies for minorities, and
Working Mother magazine ranked it among the top
10 best companies for working mothers. |
| BRANDS/DIVISIONS/AFFILIATES: |
|
TAP Pharmaceutical Products
Hospira, Inc.
Depakote
Prevacid
Lupron
EAS, Inc.
Similac
Ensure
|
| CONTACTS:Note:
Officers with more than one job title may be intentionally
listed here more than once. |
|
Miles
D. White, CEO
Thomas C. Freyman, Exec. VP/CFO
Thomas M. Wascoe, Sr. VP-Human Resources
Laura J. Schumacher, Sr. VP/General Counsel/Corp.
Sec.
William G. Dempsey, Sr. VP-Pharmaceutical Oper.
Richard Ashley, Exec. VP-Corp. Dev.
Catherine V. Babington, VP-Public Affairs
Catherine V. Babington, VP-Investor Rel.
Richard A. Gonzalez, Pres./COO-Medical Products
Group
Gary McCullough, Sr. VP-Ross Products
Joseph M. Nemmers, Jr., Sr. VP-Diagnostic Oper.
Jeffrey M. Leiden, Pres./COO-Pharmaceutical Products
Group
Miles D. White, Chmn.
Holger Liepmann, Sr. VP-Int'l Oper.
. |
| Phone:
847-937-6100 |
Fax: 847-937-1511 |
| Toll-Free: |
| Address: 100
Abbott Park Rd., Abbott Park, IL 60064-6400 US |
| Internet
Address: www.abbott.com |
| FINANCIALS: Sales
and profits are in thousands of dollars - add 000
to get the full amount
Yr. 2005 note: Financial Information for 2005 was
not available for all companies at press time. |
2005
Sales:
2004 Sales: $19,680,000
2003 Sales: $19,680,600
2002 Sales: $17,685,000
2001 Sales: $16,285,000 |
2005
Profits:
2004 Profits: $3,235,800
2003 Profits: $2,753,200
2002 Profits: $2,794,000
2001 Profits: $1,550,000
|
Employees:
60,600
Fiscal Year Ends: 12/31 |
| SALARIES/BENEFITS: |
Pension
Plan: Y
Savings Plan: Y |
ESOP
Stock Plan:
Stock Purch. Plan: |
Profit
Sharing: Y |
Highest
Exec Salary: $1,551,846
Second Highest Salary: $875,385 |
Bonus:
$2,700,000
Bonus: $1,100,000 |
| OTHER
THOUGHTS: |
Stock
Ticker:
ABT |
LOCATIONS:
("Y" = Yes) |
Apparent
Women Officers or Directors: 2
Hot Spot for Advancement for Women/Minorities: Y |
West:
Y |
Southwest:
Y |
Midwest:
Y |
Southeast:
Y |
Northeast:
Y |
International:
Y |
|
