Abbott Laboratories - the flagship medical industry

The American company Abbott Laboratories is one of the world's largest manufacturers of health care products. The company produces pharmaceuticals and medical equipment. In addition to production, Abbott is actively engaged in research activities in the medical field, the company includes several dozen research centers. The company "Abbott" carries out its activities in more than 130 countries.

abbott laboratories

About company

Abbott was founded in 1888 by a medical practitioner and part-time pharmacy owner Wallace S. Abbott. His innovation was the use of the active part of the medicinal plant - alkaloids (morphine, quinine, strychnine and codeine), which he began to produce in the form of "dosimetric granules." This made it possible to achieve accurate dosing of the drug, which at that time was not available for other analogues. The effect was tangible, and after a few years, the demand for new pills exceeded production capabilities. From this moment began the expansion of the company. Alkaloid Clinic was bought, sales agents began operating throughout America, and by 1910 the company opened offices in Canada, England and India. Since 1949, Abbott Laboratories shares have been traded on the stock exchange.

Abbott in Russia

Abbott Laboratories has been represented in Russia since 1978. The company is engaged in diagnostic and pharmaceutical areas, sells medical equipment and baby food. The main office of the companyโ€™s representative office is located in Moscow. In addition to supplying its products to the Russian market, the company takes an active part in social programs. For example, representatives of Abbott Laboratories regularly conduct free distribution of glucometers of their own production to patients with diabetes mellitus.

abbott laboratories in Russia

Divisions and Products

One of Abbott's best-selling products is blood glucose meters - blood glucose meters. The assembly of devices takes place in China under the supervision of specialists from the corporation. Strips for glucometers are made in America. In the Russian market, Abbott Laboratories glucometers are sold under the FreeStyle brand. These devices are distinguished by simplicity, affordable price and many auxiliary functions.

Over the past 10 years, Abbott Laboratories has undergone several mergers and acquisitions and currently includes several large divisions:

  • Animal Health - a division specializing in animal medicine;
  • Diabetes Care - drugs and devices for patients with diabetes;
  • Diagnostics - clinical chemistry, immunodiagnostics, hematology;
  • Molecular - analysis at the molecular level (DNA, RNA);
  • Nutrition - baby and healthy nutrition.

In 2011, the company was recognized by Scince as one of the best pharmaceutical employers. Abbott Laboratories owns the invention of an HIV test.


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