It was founded in 1888 by Dr. Wallace C. Abbott in Chicago, called Alkaloidal Abbott Laboratories Company, the modern name – from 1915.
The company headquarters are in Lake Bluff, Illinois.
Abbott – international company, activities are aimed at improve people's lives through the development of products and technologies in the area health care. A wide range of advanced solutions in the field of diagnostics, medical devices, infant and clinical nutrition, as well as recognized in the market of medicines allows Abbott to serve people in more than 150 countries. State company employees has more than 73 000 in worldwide.
Part of the Fortune 500 list – a list of "the most respected companies in the world» (Fortune Most Admired Companies).
The company Abbott included in this list since 1984.
In 2013 and 2014 Abbott became a leader healthcare industry by Index of the Dow Jones Sustainability. Abbott enters the 100 most innovative companies (2013) according to Thompson Reuters.