Number of Employees: 70,000
Location: 200 Abbott Park Road
Abbott Park, IL 60064
Abbott Laboratories has been in the business of improving lives for more than a century. Our 70,000 employees around the world are dedicated to the discovery, development, manufacture and marketing of pharmaceutical, diagnostic, nutritional and hospital products. To improve lives by providing cost-effective health care products and services. That's the mission of Abbott Laboratories. And it's the guiding force behind who we are and what we do.
With a shared commitment to the advancement of medical science, Abbott's employees worldwide with a presence in more than 130 countries have devoted their careers to achieving our ambitious mission. Around the world, people demand the highest quality in every product the company manufactures.
This dedication to excellence has led to an outstanding record of long-term financial performance and continuous growth. Abbott consistently ranks high in the performance measures that determine the Fortune 500 and other comparisons of the world's leading corporations. In 2002, Abbott achieved record sales and net earnings of $17.7 billion and $3.2 billion respectively, with diluted earnings per share of $2.06.
Everyday, Abbott scientists are making news by discovering innovative medical technologies to improve your health. Their efforts support our overriding objective: to improve lives.
Since our beginning, in 1888, Abbott has focused on producing innovative solutions for the rapidly changing health care marketplace. More than a century ago, 30-year-old Wallace C. Abbott, M.D., began making a new form of medicine. Using the active part of medicinal plants, he formed tiny pills, called "dosimetric granules," which provided a precisely measured amount of drug. Within two years, the demand for these granules far exceeded the needs of his own medical practice. From a small operation based in Dr. Abbott's Chicago apartment, Abbott Laboratories has evolved into one of the world's leading health care companies. Today, Abbott is involved in four broad business arenas:
Nutritional Products: Abbott's adult and medical nutritionals help promote, maintain and restore physical health – the key to fighting off the costly complications that can result from inadequate nutrition. Abbott's pediatric nutritionals help ensure that infants and children get the balanced nutrition they need for healthy development.
Pharmaceutical Products: Abbott's innovative pharmaceuticals include anti-infective, cardiovascular, neuroscience, hormonal and anti-ulcer drugs. Newly discovered and developed drugs and new treatment indications for existing products, offer physicians new options for enhancing health through non-invasive drug therapy.
Diagnostic Products: Abbott is the global leader in the business of in vitro diagnostics, which is the laboratory testing of body fluids. The company also is a leader in testing for HIV infection, hepatitis and in the fastest-growing segment of diagnostics, blood glucose self-testing for people with diabetes.
Hospital Products: Abbott offers a full line of anesthetics, injectable drugs, infection-control products, diagnostic imaging agents, I.V. solutions, advanced drug-delivery systems and other medical specialty products for hospitals, clinical labs and alternate health care sites around the world.
Abbott's employees around the world provide the multicultural perspective essential to a successful global health care leader. In turn, we offer a broad and diverse scope of career opportunities and a nationally recognized benefits package and work environment. Money magazine ranked our benefits package as one of the ten best in the country. We've also been one of Fortune magazine's "Top 50 Companies for Minorities" for the last four years and Working Mother magazine named us one of the "Best Companies for Working Mothers." An expanded listing of our awards and recognition is available on our web site at www.abbott.com/corporate/awards.html.
We're proud to have created an innovative, inclusive working environment and you'll be proud to join our team. Challenge yourself and help us change the world. Visit our career center at www.abbott.com/career.
An EOE, Abbott is committed to employee diversity.
