Abbott Laboratories, Abbott Park, IL Review

About Abbott Laboratories, Abbott Park, IL

Abbott Laboratories, Abbott Park, IL: Revolutionizing Healthcare with Life-Changing Technology

Abbott Laboratories is a global healthcare company that has been at the forefront of medical innovation for over 130 years. Headquartered in Abbott Park, Illinois, the company has a presence in more than 160 countries and employs over 109,000 people worldwide. Abbott's mission is to help people live fully by providing them with life-changing technology that improves their health and well-being.

The company's portfolio includes a wide range of products and services across various therapeutic areas such as diabetes care, diagnostics, nutritionals, pharmaceuticals and vascular care. Abbott's innovative products have helped millions of people around the world manage their health conditions effectively.

Diabetes Care:

Abbott is a leader in diabetes care with its FreeStyle Libre system which revolutionized glucose monitoring for people living with diabetes. The FreeStyle Libre system eliminates the need for fingerstick tests by using a small sensor placed on the back of the upper arm to continuously measure glucose levels throughout the day. This technology has transformed how people manage their diabetes by providing them with real-time data that helps them make informed decisions about their diet and insulin dosing.

Diagnostics:

Abbott's diagnostic division offers an extensive range of tests that help healthcare professionals diagnose diseases accurately and quickly. The company's Alinity family of instruments provides high throughput testing solutions for clinical laboratories while its point-of-care testing devices enable rapid diagnosis at patient bedside or in remote locations.

Nutritionals:

Abbott Nutrition provides specialized nutritional products for infants, children and adults who require specific dietary needs due to illness or other medical conditions. The company's flagship product line - Similac - offers infant formula designed to meet different nutritional needs based on age and development stage.

Pharmaceuticals:

Abbott Pharmaceuticals develops innovative medicines across various therapeutic areas such as neuroscience, oncology and immunology among others. The company's Humira drug is one of the best-selling drugs globally used to treat autoimmune diseases such as rheumatoid arthritis.

Vascular Care:

Abbott Vascular offers advanced medical devices used in interventional cardiology procedures such as angioplasty or stenting to treat coronary artery disease (CAD). Its Xience family of drug-eluting stents are widely used by physicians around the world due to their superior safety profile compared to other stents available in the market.

In addition to its product portfolio, Abbott also invests heavily in research & development (R&D) activities aimed at developing breakthrough technologies that can transform healthcare delivery globally. In 2020 alone, Abbott invested $2 billion towards R&D activities across all its business segments.

Conclusion:

In conclusion, Abbott Laboratories' commitment towards improving human health through life-changing technology makes it one of the most respected companies globally within healthcare industry . With its diverse portfolio spanning multiple therapeutic areas coupled with strong R&D capabilities , it continues leading innovation within this space . As we move forward into an era where digital transformation will play an increasingly important role within healthcare delivery , we can expect Abbott Labs continue playing pivotal role shaping future landscape this industry .