ABBOTT

Description

Abbott Laboratories is a major global healthcare company known for its wide range of medical products and technologies. Founded in 1888, Abbott focuses on several areas, including diagnostics, medical devices, nutrition, and branded generic medicines. Here are some of the key areas Abbott is involved in:

### **1. Diagnostics:**
– **Laboratory Testing:** Abbott provides various diagnostic tools for detecting diseases and conditions, including blood tests and molecular diagnostics.
– **Point-of-Care Testing:** They offer devices for quick diagnostic testing outside of traditional lab settings, such as glucose monitoring systems for diabetes management.

### **2. Medical Devices:**
– **Cardiovascular:** Abbott manufactures devices related to heart health, such as stents and heart rhythm management systems.
– **Neurostimulation:** They provide solutions for managing chronic pain and neurological disorders.
– **Diabetes Care:** Products like insulin pumps and continuous glucose monitoring systems are part of their portfolio.

### **3. Nutrition:**
– **Infant Nutrition:** Abbott produces infant formulas and nutritional products designed for the early stages of life.
– **Adult Nutrition:** They offer nutritional supplements and products tailored to adults’ health needs, including for those with chronic conditions.

### **4. Branded Generic Medicines:**
– **Pharmaceuticals:** Abbott provides a range of branded generic drugs across various therapeutic areas, including cardiology, endocrinology, and immunology.

### **Recent Innovations and Developments:**
– Abbott is known for its advancements in technology and medical research. For example, they have made significant contributions to rapid COVID-19 testing and have continued to innovate in their core fields.