Top 10 Pharma Companies in USA 2015

Posted in Top Brand Lists, Total Reads: 1761

8. Abbott Laboratories

Type: Public

Industry Served: Pharmaceuticals and biotechnology

Founded in the year: 1888

Headquartered in: Illinois, United states

Specialized in: Pharmaceutical products, Medical Devices, Diagnostic assays, Nutritional products, animal health products etc.

Area of operation: Globally

Vision: A promise for Life

CEO: Miles D. White

Key Insights:

• It operates over 130 countries across the globe

• In the year of 1985 it was the first company to develop diagnostic blood screening test for HIV

• The blood screening and other diagnostic tests are performed by company’s In-Vitro Diagnostic business

• Across the world hospitals, Blood banks, diagnostic centres use their diagnostic devices and techniques

• In 2009, the company founded a satellite research and development facility in Illinois

• In 2014, company announced to acquire Chilean Generic Pharmaceutical Company

• It is also in the process of acquiring the Russian pharmaceutical company Veropharm

• To cut expenses it separated its research based pharmaceutical division in 2011 and Abbvie was born out of this separation

• It has received several accolades like best place to work for women, best place to work in the industry and also it is listed in the fortune 500 companies.

• It is the largest producer of performance oriented medicinal supplements

Key products: Humira, Norvir, Depacote, Synthroid, etc.

Revenues $39874 M

Market Capitalization 71850

Net Income $5963 M

Total No. of Employees 91000

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