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PublicNYSE:ABT
Raised
Post IPO Valuation

General Information

Websiteabbott.com
CategoryBioTech
Phone224-361-7800
Employees133
Founded1991
DescriptionGenomic Disease Management

Offices

Des Plaines, USA
1300 East Touhy
Des Plaines, IL, 60018-3315
USA

People

CEO
Division Director

Former People

various roles including Venture Head
Director of Product Development
Senior Sales Representative

Acquisitions

Total$8.08B
Facet Biotech, 3/10 $450M
Solvay Pharmaceuticals, 9/09 $6.6B
Evalve, 9/09 $410M
Visiogen, 9/09 $400M
Ibis Biosciences, 12/08 $215M

Investments

Evalve 11/07
Ovalis 1/07

Tags

Abbott Labs

Abbott Molecular Inc., a genomic disease management company, engages in the development and marketing of clinical laboratory products, which provide information critical to the evaluation and management of cancer, prenatal disorders, and other genetic diseases. It currently markets seven U.S. Food and Drug Administration or foreign cleared or approved clinical products in addition to distributing over 300 Analyte Specific Reagent and research products through its direct sales operations in the United States and Europe and a worldwide distribution network covering 59 countries. The company was founded in 1991 and is based in Des Plaines, Illinois. As on 12/05/2001, Abbott Molecular Inc. operates as a subsidiary of Abbott Laboratories Inc.

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Abbott Labs screenshot
Above: Home Page
Uploaded: 3/10/10

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Compete

Abbott

Sources

  1. Abbott buys Facet Biotech for $450M (fiercebiotech.com) [edit]
  2. Abbott to buy Solvay pharma unit in $6.6B deal (fiercebiotech.com) [edit]
  3. Studies find Botox cuts migraine days; Abbott to buy Evalve for up to $410M (fiercepharma.com) [edit]
  4. Abbott To Pay $400 Million For Cataract-Treatment Firm Visiogen (smartmoney.com) [edit]
  5. Abbott Completes Acquisition of Ibis Biosciences, a Subsidiary of Isis (reuters.com) [edit]
  6. Evalve pulls in $60M, heating up heart-valve implant race (venturebeat.com) [edit]
  7. Ovalis, Inc.: Series B $6.6M (onbiovc.com) [edit]
  8. Abbott Buys Action Pharma Hormone For $110M (pevc.dowjones.com) [edit]
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Last Edited 5/5/13

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