About Abbott
Abbott is a company based in Libertyville (United States) founded in 1888.. The company has 3,710 employees as of March 31, 2024. Abbott has completed 28 acquisitions, including Alere, Bigfoot Biomedical and CFR Pharmaceuticals. Abbott offers products and services including FreeStyle Libre, BinaxNOW, and HeartMates Program.
- Headquarter Libertyville, United States
- Employees 3710 as on 31 Mar, 2024
- Stage Public
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Abbott India Limited
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Annual Revenue
$748.71 M (USD)9.57as on Mar 31, 2024
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Net Profit
$165.19 M (USD)17.75as on Mar 31, 2024
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EBITDA
$201.4 M (USD)16.7as on Mar 31, 2024
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Latest Funding Round
$11.29 K (USD), Grant
Nov 17, 2021
- Investors
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Employee Count
3710
as on Mar 31, 2024
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Investments & Acquisitions
Alere
& 27 more
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IPO & Listings of Abbott
Abbott is a publicly listed company on the NSE with ticker symbol ABBOTINDIA in India, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Abbott
Abbott offers a comprehensive portfolio of products and services, including FreeStyle Libre, BinaxNOW, and HeartMates Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Continuous glucose monitoring system for diabetes management.
Rapid antigen test for detecting COVID-19 infections.
Support network for heart health recovery and awareness.
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Software Development Team
437 people
Leadership Team
171 people
Sales and Marketing
127 people
Human Resources and Administration
69 people
Senior Team
67 people
Product Management Team
63 people
Finance and Accounting
43 people
Legal and Compliance
35 people
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Funding Insights of Abbott
- Total Funding Total Funding
- Total Rounds 21
- Last Round Grant — $11,285
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First Round
First Round
(01 Apr 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2021 | Amount | Grant - Abbott | Valuation |
investors |
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| Nov, 2021 | Amount | Grant - Abbott | Valuation |
investors |
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| Oct, 2021 | Amount | Grant - Abbott | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Abbott
Abbott has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Abbott
Abbott has strategically engaged in corporate development activities, having acquired 28 companies. Notable acquisitions include Alere, Bigfoot Biomedical and CFR Pharmaceuticals. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Manufacturer of vascular care devices
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2018 | ||||
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Digital decision support tools are provided to healthcare providers.
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2017 | ||||
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Developer of a closed-loop automated insulin delivery system
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Abbott
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abbott Comparisons
Competitors of Abbott
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Abbott
Frequently Asked Questions about Abbott
When was Abbott founded?
Abbott was founded in 1888 and raised its 1st funding round 127 years after it was founded.
Where is Abbott located?
Abbott is headquartered in Libertyville, United States. It is registered at Libertyville, Illinois, United States.
Who is the current CEO of Abbott?
Robert B Ford is the current CEO of Abbott.
How many employees does Abbott have?
As of Mar 31, 2024, the latest employee count at Abbott is 3,710.
What is the annual revenue of Abbott?
Annual revenue of Abbott is $748.71M as on Mar 31, 2024.
What does Abbott do?
Developer of medical devices, generic pharmaceuticals, and nutrition products. Its products are used by hospitals, laboratories, blood banks, and physicians. It is used to diagnose monitor diseases such as HIV, hepatitis, cancer, heart failure, and metabolic disorders. In 2022, the company recorded annual revenues of 43.65B and a net profit of 6.93B.
What products or services does Abbott offer?
Abbott offers FreeStyle Libre, BinaxNOW, and HeartMates Program.
Is Abbott publicly traded?
Yes, Abbott is publicly traded on NSE under the ticker symbol ABBOTINDIA.
How many acquisitions has Abbott made?
Abbott has made 28 acquisitions, including Alere, Bigfoot Biomedical, and CFR Pharmaceuticals.
Who are Abbott's investors?
Abbott has 1 investor. Key investors include European Union.
What is Abbott's ticker symbol?
The ticker symbol of Abbott is ABBOTINDIA on NSE.
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