Originally founded in the late 1800s as Abbott Alkaloidal Company, Abbott Laboratories has become a leader in pharmaceutical and health care product manufacturing. Abbott Labs operates in over 150 countries and employs more than 70,000 people. Wallace C. Abbott, who started the company in 1888, was one of the first American physicians who used a distilling method to create sold medicine. Using the parts of the medicinal plants that have the therapeutic effect he would measure his drugs into small dosages providing a longer lasting, more-effective drug than any other medicines available at the time. In 1931 the company opened its first international office in Montreal, Canada. Decades later after a joint venture with another pharmaceutical company, expansions were completed in France, Italy, and England. In 1967 the company successfully challenged the Federal Drug Administration (FDA) on labeling regulations and then in 2009 they unsuccessfully attempted to block another company from producing a drug they had a patent on. Only a few years later Abbott Laboratories found themselves yet again in the courtroom, but this time for the anti-seizure drug, Depakote. If you or a loved has suffered from pharmaceutical drugs, including Depakote, the victim may be entitled to compensation for medical bills, pain and suffering, lost wages, and more.
Divisions Of Abbott Laboratories
Abbott focuses on four core health product categories, nutrition, diagnostics, devices, and pharmaceuticals. These core products are broken down into seven subcategories which include: Diagnostics - Products created to help diagnose disease, medical conditions, genetic disorders and more. Abbott Laboratories actually created the first ever blood-screening test for HIV antibodies in 1985. Vascular - Includes coronary devices and endovascular products such as stents and vessel closures. Animal Health - Abbott Labs created a blood glucose monitoring system for cats and dogs. Other animal health goods include anesthesia, nutritionals, fluid therapy, and pain management products. Vision - Includes cataract products, LASIK technologies, and contact lens cleaning systems. Diabetes - Certain hospital and personal use glucose meters are Abbott Labs made. Nutrition - A number of Abbott nutritional products can found on store shelves including Pediasure, Pedialyte, Ensure, and Prosure. Pharmaceuticals - Abbott Laboratories has created a large number of pharmaceuticals and they include Abbott brands and Abbvie brands, which was previously the specialty pharmaceutical business of Abbott.Other Notable Pharmaceuticals Produced
Abbott's history has made them into a well-known name and they produce many well-known products used by millions of people. Although Depakote became a name associated with Abbott Laboratories, the company also makes many other prominent pharmaceuticals Some other well-known Abbott Laboratories pharmaceuticals include:- Lexapro
- Prevacid
- Humira
- Vicodin
