Abbott
Abbott, founded in 1888, has evolved from a pharmaceutical innovator focused on standardized alkaloidal medicines into a global diversified healthcare company, pioneering advancements across diagnostics, medical devices, nutritionals, and established pharmaceuticals.
Quick Facts
- Founded
- 1888
- Founder
- Wallace Calvin Abbott
- Origin
- USA
Founders
Story Chapters
Timeline
Founding of Abbott Alkaloidal Company
Wallace Calvin Abbott establishes the Abbott Alkaloidal Company in Chicago, focusing on scientifically based pharmaceuticals.
Introduction of Dosimetric Granules
Abbott introduces dosimetric granules, revolutionizing drug dosage precision and gaining widespread acclaim.
Public Listing on the Stock Exchange
Abbott Laboratories goes public, marking a significant milestone in its growth and expansion.
Development of Pentothal
Abbott Laboratories develops Pentothal, a groundbreaking anesthetic, further establishing its reputation for innovation.
Global Expansion Initiatives
Abbott begins aggressive global expansion, establishing operations in Europe and Asia, significantly increasing its market presence.
Introduction of HIV Diagnostic Tests
Abbott introduces the first licensed HIV blood-screening test, significantly impacting public health efforts worldwide.
Launch of Humira
Abbott launches Humira, a revolutionary biologic drug that becomes one of the best-selling pharmaceuticals globally.
Abbott Laboratories Split
Abbott spins off its research-based pharmaceuticals business into a new company, AbbVie, focusing on diversified healthcare products.
COVID-19 Testing Innovations
Abbott plays a crucial role in the global pandemic response by rapidly developing and distributing COVID-19 diagnostic tests.
Sustainability Initiatives
Abbott commits to significant sustainability initiatives, aiming to reduce its environmental impact and promote global health equity.
Connected Across The Archives
Explore specific connections to other archives—civilizations, conflicts, dynasties, and treaties that share history with this company.
Civilization Archive
(2)Aboriginal Australian Civilizations
Aboriginal Australian cultures underscore global diversity, offering unique perspectives that inform multinational companies like Abbott in their operations.
American Civilization
Abbott's founding in 1888 coincided with the rise of industrial America, shaping its role in the burgeoning pharmaceutical industry.
Conflict Archive
(1)
Explore Related Archives
Great companies don't emerge in a vacuum. They rise from the foundations of civilizations, the ambitions of rulers, and the aftermath of conflicts. Explore the historical context:
