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Abbott Laboratories, the Glossary

Abbott Laboratories is an American multinational medical devices and health care company with headquarters in Green Oaks, Illinois, United States.^[1]

121 relations: AbbVie, Adalimumab, Alere, Alkaloid, Antibiotic, Assay, BASF, Bigfoot Biomedical, Bloomberg News, Blue ribbon, Boston Scientific, CFR Pharmaceuticals, Chair (officer), Chattem, Chicago Tribune, Chief executive officer, Chief financial officer, Clara Abbott, Clarithromycin, Codeine, Continuous glucose monitor, COVID-19 pandemic, Diabetes, Dietary supplement, Double Irish arrangement, Dow Jones Sustainability Indices, Emergency Use Authorization, Ensure, False Claims Act of 1863, Fast Company, Food and Drug Administration, Fortune 500, General Electric, Generic drug, Getinge Group, Glucerna, Green Oaks, Illinois, Guidant, Health care, Healthcare industry, Herbal medicine, Holding company, Hollywood, Florida, Hospira, Infant feeding, Johnson & Johnson, Johnson & Johnson Vision, Juven, Karachi, Kickback (bribery), ... Expand index (71 more) »
1888 establishments in Illinois
1920s initial public offerings
American companies established in 1888
Multinational health care companies
Pharmaceutical companies established in 1888
Veterinary medicine companies

AbbVie

AbbVie Inc. is an American pharmaceutical company headquartered in North Chicago, Illinois. Abbott Laboratories and AbbVie are biotechnology companies of the United States, companies in the S&P 500 Dividend Aristocrats and pharmaceutical companies of the United States.

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Adalimumab

Adalimumab, sold under the brand name Humira and others, is a disease-modifying antirheumatic drug and monoclonal antibody used to treat rheumatoid arthritis, juvenile idiopathic arthritis, psoriatic arthritis, ankylosing spondylitis, Crohn's disease, ulcerative colitis, plaque psoriasis, hidradenitis suppurativa, and uveitis.

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Alere

Alere Inc. was a global manufacturer of rapid point-of-care diagnostic tests.

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Alkaloid

Alkaloids are a class of basic, naturally occurring organic compounds that contain at least one nitrogen atom.

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Antibiotic

An antibiotic is a type of antimicrobial substance active against bacteria.

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Assay

An assay is an investigative (analytic) procedure in laboratory medicine, mining, pharmacology, environmental biology and molecular biology for qualitatively assessing or quantitatively measuring the presence, amount, or functional activity of a target entity.

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BASF

BASF SE, an initialism of its original name, is a European multinational company and the largest chemical producer in the world.

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Bigfoot Biomedical Inc.

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Bloomberg News

Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, Bloomberg Businessweek, Bloomberg Markets, Bloomberg.com, and Bloomberg's mobile platforms.

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Blue ribbon

Blue ribbons are typically a symbol of high quality.

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Boston Scientific

Boston Scientific Corporation (BSC), headquartered in Watertown, Massachusetts and incorporated in Delaware, is a biomedical/biotechnology engineering firm and multinational manufacturer of medical devices used in interventional medical specialties, including interventional radiology, interventional cardiology, peripheral interventions, neuromodulation, neurovascular intervention, electrophysiology, cardiac surgery, vascular surgery, endoscopy, oncology, urology and gynecology.

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CFR Pharmaceuticals

CFR Pharmaceuticals, now owned by Abbott Laboratories, is a Chilean pharmaceutical company engaged in the development, production, and sale of pharmaceutical drugs in 15 Latin American countries such as Argentina, Bolivia, Chile, Colombia, Costa Rica, Ecuador, Paraguay, Peru, Venezuela and others and in Vietnam in Asia.

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Chair (officer)

The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly.

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Chattem

Chattem, Inc. is an American, Chattanooga, Tennessee-based, producer and marketer of over-the-counter healthcare products, toiletries, dietary supplements, topical analgesics, and medicated skin care products. Abbott Laboratories and Chattem are pharmaceutical companies of the United States.

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Chicago Tribune

The Chicago Tribune is an American daily newspaper based in Chicago, Illinois, owned by Tribune Publishing.

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Chief executive officer

A chief executive officer (CEO) (chief executive (CE), or managing director (MD) in the UK) is the highest officer charged with the management of an organization especially a company or nonprofit institution.

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Chief financial officer

A chief financial officer (CFO), also known as a treasurer, is an officer of a company or organization who is assigned the primary responsibility for making decisions for the company for projects and its finances (financial planning, management of financial risks, record-keeping, and financial reporting, and often the analysis of data).

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Clara Abbott

Clara Abbott (1857–1924) was an American business executive.

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Clarithromycin

Clarithromycin, sold under the brand name Biaxin among others, is an antibiotic used to treat various bacterial infections.

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Codeine

Codeine is an opiate and prodrug of morphine mainly used to treat pain, coughing, and diarrhea.

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Continuous glucose monitor

A continuous glucose monitor (CGM) is a device used for monitoring blood glucose on a continual basis instead of monitoring glucose levels periodically by drawing a drop of blood from a finger.

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COVID-19 pandemic

The COVID-19 pandemic (also known as the coronavirus pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an outbreak of COVID-19 in Wuhan, China, in December 2019.

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Diabetes

Diabetes mellitus, often known simply as diabetes, is a group of common endocrine diseases characterized by sustained high blood sugar levels.

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Dietary supplement

A dietary supplement is a manufactured product intended to supplement a person's diet by taking a pill, capsule, tablet, powder, or liquid.

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Double Irish arrangement

The Double Irish arrangement was a base erosion and profit shifting (BEPS) corporate tax avoidance tool used mainly by United States multinationals since the late 1980s to avoid corporate taxation on non-U.S. profits.

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Dow Jones Sustainability Indices

The Dow Jones Sustainability Indices (DJSI) launched in 1999, are a family of indices evaluating the sustainability performance of thousands of companies trading publicly, operated under a strategic partnership between S&P Dow Jones Indices and RobecoSAM (Sustainable Asset Management) of the S&P Dow Jones Indices.

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An Emergency Use Authorization (EUA) in the United States is an authorization granted to the Food and Drug Administration (FDA) under sections of the Federal Food, Drug, and Cosmetic Act as added to and amended by various Acts of Congress, including by the Pandemic and All-Hazards Preparedness Reauthorization Act of 2013 (PAHPRA), as codified by, to allow the use of a drug prior to approval.

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Ensure

Ensure is an American brand of nutritional supplements and meal replacements manufactured by Abbott Laboratories.

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False Claims Act of 1863

The False Claims Act of 1863 (FCA) is an American federal law that imposes liability on persons and companies (typically federal contractors) who defraud governmental programs.

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Fast Company

Fast Company is a monthly American business magazine published in print and online that focuses on technology, business, and design.

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Food and Drug Administration

The United States Food and Drug Administration (FDA or US FDA) is a federal agency of the Department of Health and Human Services.

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Fortune 500

The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years.

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General Electric

General Electric Company (GE) was an American multinational conglomerate founded in 1892, incorporated in the state of New York and headquartered in Boston. Abbott Laboratories and General Electric are multinational companies headquartered in the United States.

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Generic drug

A generic drug (or simply generic) is a pharmaceutical drug that contains the same chemical substance as a drug that was originally protected by chemical patents. Abbott Laboratories and generic drug are life sciences industry.

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Getinge Group

Getinge is a global medical technology company, founded in Sweden in 1904.

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Glucerna

Glucerna is the brand name of a family of tube feeding formula, bottled or canned shakes, and snack bars manufactured by Abbott Laboratories.

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Green Oaks, Illinois

Green Oaks is a village in Libertyville Township, Lake County, Illinois, United States.

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Guidant

Guidant Corporation, part of Boston Scientific and Abbott Labs, designs and manufactures artificial cardiac pacemakers, implantable cardioverter-defibrillators, stents, and other cardiovascular medical products.

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Health care

Health care, or healthcare, is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people.

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Healthcare industry

The healthcare industry (also called the medical industry or health economy) is an aggregation and integration of sectors within the economic system that provides goods and services to treat patients with curative, preventive, rehabilitative, and palliative care.

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Herbal medicine

Herbal medicine (also called herbalism, phytomedicine or phytotherapy) is the study of pharmacognosy and the use of medicinal plants, which are a basis of traditional medicine.

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Holding company

A holding company is a company whose primary business is holding a controlling interest in the securities of other companies.

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Hollywood, Florida

Hollywood is a city in Broward County, Florida, United States.

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Hospira

Hospira was an American global pharmaceutical and medical device company with headquarters in Lake Forest, Illinois. Abbott Laboratories and Hospira are pharmaceutical companies of the United States.

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Infant feeding

Infant feeding is the practice of feeding infants.

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Johnson & Johnson

Johnson & Johnson (J&J) is an American multinational pharmaceutical, biotechnology, and medical technologies corporation headquartered in New Brunswick, New Jersey, and publicly traded on the New York Stock Exchange. Abbott Laboratories and Johnson & Johnson are companies in the S&P 500 Dividend Aristocrats, life sciences industry, multinational companies headquartered in the United States and pharmaceutical companies of the United States.

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Johnson & Johnson Vision

Johnson & Johnson Vision (JJV) is a subsidiary of Johnson & Johnson and is composed of two divisions, Johnson & Johnson Surgical Vision and Johnson & Johnson Vision Care (Contact Lens).

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Juven

Juven is a medical food that is manufactured by Abbott Laboratories and used to provide nutritional support under the care of a physician in individuals with muscle wasting due to AIDS or cancer, to promote wound healing following surgery or injury, or when otherwise recommended by a medical professional.

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Karachi

Karachi (کراچی) is the capital city of the Pakistani province of Sindh.

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Kickback (bribery)

A kickback is a form of negotiated bribery in which a commission is paid to the bribe-taker in exchange for services rendered.

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Laboratory information management system

A laboratory information management system (LIMS), sometimes referred to as a laboratory information system (LIS) or laboratory management system (LMS), is a software-based solution with features that support a modern laboratory's operations.

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Lester Grinspoon

Lester Grinspoon (June 24, 1928 – June 25, 2020) was an American psychiatrist and long-standing associate professor of psychiatry at Harvard Medical School best known for his groundbreaking works on the science and social policy of cannabis, psychedelics and other drugs, and for his commitment to changing harmful drug policies.

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Leuprorelin

Leuprorelin, also known as leuprolide, is a manufactured version of a hormone used to treat prostate cancer, breast cancer, endometriosis, uterine fibroids, for early puberty, or as part of transgender hormone therapy.

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List of Illinois companies

This is a list of Illinois companies which includes notable companies that are headquartered in Illinois, or were previously headquartered in Illinois.

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List of largest biomedical companies by market capitalization

The following is a list of independent pharmaceutical, biotechnology and medical companies listed on a stock exchange (as indicated) with current market capitalization of at least US$10 billion, ranked by their market capitalization.

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List of largest pharmaceutical settlements

The following is a list of the 20 largest settlements reached between the United States Department of Justice and pharmaceutical companies from 2001 to 2012, ordered by the size of the total settlement.

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List of pharmaceutical companies

This listing is limited to those independent companies and subsidiaries notable enough to have their own articles in Wikipedia.

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Macrolide

Macrolides are a class of mostly natural products with a large macrocyclic lactone ring to which one or more deoxy sugars, usually cladinose and desosamine, may be attached.

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Mary Ann Liebert

Mary Ann Liebert, Inc. is a privately held independent publishing company founded by its president, Mary Ann Liebert, in 1980.

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Matheson (law firm)

Matheson (previously Matheson Ormsby Prentice), is an Irish law firm partnership based in the IFSC in Dublin, which specialises in multinational tax schemes (e.g. for clients in Ireland such as Microsoft, Google and Abbot), and tax structuring of special purpose vehicles (e.g. Section 110 securitisation SPVs).

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Medical device

A medical device is any device intended to be used for medical purposes.

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Medical Research Council (United Kingdom)

The Medical Research Council (MRC) is responsible for co-coordinating and funding medical research in the United Kingdom.

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Medicare (United States)

Medicare is a federal health insurance program in the United States for people age 65 or older and younger people with disabilities, including those with end stage renal disease and amyotrophic lateral sclerosis (ALS or Lou Gehrig's disease).

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Medicare fraud

In the United States, Medicare fraud is the claiming of Medicare health care reimbursement to which the claimant is not entitled.

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Medication

A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease.

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Miles D. White

Miles D. White (born 1955) is an American businessman.

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MitraClip

MitraClip (mitral clip) is a medical device used to treat mitral valve regurgitation for individuals who should not have open-heart surgery.

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Mobile app

A mobile application or app is a computer program or software application designed to run on a mobile device such as a phone, tablet, or watch.

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Morphine

Morphine, formerly also called morphia, is an opiate that is found naturally in opium, a dark brown resin produced by drying the latex of opium poppies (Papaver somniferum).

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MSN

MSN (meaning Microsoft Network) is an American web portal and related collection of Internet services and apps for Windows and mobile devices, provided by Microsoft and launched on August 24, 1995, alongside the release of Windows 95.

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Naphazoline

Naphazoline is a medicine used as a decongestant, and a vasoconstrictor added to eye drops to relieve red eye.

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New York Stock Exchange

The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City.

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Niacin

Niacin, also known as nicotinic acid, is an organic compound and a vitamer ofvitamin B3, an essential human nutrient.

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Niacin/lovastatin

Niacin/lovastatin (trade names Advicor) was a drug combination used for the treatment of dyslipidemia.

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North Chicago, Illinois

North Chicago is a city in Lake County, Illinois, United States, and a suburb of the Chicago metropolitan area.

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Nutrition

Nutrition is the biochemical and physiological process by which an organism uses food to support its life.

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Pedialyte

Pedialyte is an oral electrolyte solution manufactured by Abbott Laboratories and marketed for use in children.

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Pfizer

Pfizer Inc. is an American multinational pharmaceutical and biotechnology corporation headquartered at The Spiral in Manhattan, New York City. Abbott Laboratories and Pfizer are biotechnology companies of the United States, life sciences industry and pharmaceutical companies of the United States.

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Pharmaceutical industry

The pharmaceutical industry is an industry involved in medicine that discovers, develops, produces, and markets pharmaceutical goods for use as drugs that function by being administered to (or self-administered by) patients using such medications with the goal of curing and/or preventing disease (as well as possibly alleviating symptoms of illness and/or injury). Abbott Laboratories and pharmaceutical industry are life sciences industry.

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Physician

A physician, medical practitioner (British English), medical doctor, or simply doctor is a health professional who practices medicine, which is concerned with promoting, maintaining or restoring health through the study, diagnosis, prognosis and treatment of disease, injury, and other physical and mental impairments.

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Piramal Group

The Piramal Group is an Indian multinational conglomerate that has presence across various sectors such as healthcare, life sciences, drug discovery, financial services, alternative investment and real estate.

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Polymerase chain reaction

The polymerase chain reaction (PCR) is a method widely used to make millions to billions of copies of a specific DNA sample rapidly, allowing scientists to amplify a very small sample of DNA (or a part of it) sufficiently to enable detailed study.

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PR Newswire

PR Newswire is a distributor of press releases headquartered in Chicago.

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Prestige Consumer Healthcare

Prestige Consumer Healthcare Inc. (formerly Prestige Brands, Inc.) is an American company that markets and distributes over-the-counter healthcare and household cleaning products. Abbott Laboratories and Prestige Consumer Healthcare are pharmaceutical companies of the United States.

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Public company

A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets.

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Queenborough

Queenborough is a town on the Isle of Sheppey in the Swale borough of Kent in South East England.

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Quinine

Quinine is a medication used to treat malaria and babesiosis.

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Ravenswood, Chicago

Ravenswood is a neighborhood located on the North Side of the city of Chicago, Illinois.

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Research Park at the University of Illinois Urbana-Champaign

Research Park at the University of Illinois Urbana-Champaign is a research park located in the southwest part of the University of Illinois Urbana-Champaign campus in Champaign, Illinois.

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Robert B. Ford

Robert B. Ford is an American businessman and the thirteenth chief executive officer at Abbott Laboratories, a publicly-traded medical devices and health care company based in Abbott Park, Illinois.

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S&P 100

The S&P 100 Index is a stock market index of United States stocks maintained by Standard & Poor's.

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S&P 500

The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States.

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Santa Ana, California

Santa Ana (Spanish for) is a city in and the county seat of Orange County, California, United States.

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SARS-CoV-2

Severe acute respiratory syndrome coronavirus 2 (SARS‑CoV‑2) is a strain of coronavirus that causes COVID-19, the respiratory illness responsible for the COVID-19 pandemic.

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Science (journal)

Science, also widely referred to as Science Magazine, is the peer-reviewed academic journal of the American Association for the Advancement of Science (AAAS) and one of the world's top academic journals.

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Selsun Blue

Selsun Blue is an over-the-counter brand of dandruff shampoo now owned by Sanofi.

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Side effect

In medicine, a side effect is an effect, whether therapeutic or adverse, that is unintended; although the term is predominantly employed to describe adverse effects, it can also apply to beneficial, but unintended, consequences of the use of a drug.

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Similac

Similac (for "similar to lactation" or the name after simius and lac in Latin meaning "monkey milk") is a brand of infant formula that was developed by Alfred Bosworth of Tufts University and marketed by Abbott Laboratories.

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Solvay S.A.

Solvay is a Belgian multinational chemical company established in 1863, with its headquarters located in Neder-Over-Heembeek, Brussels, Belgium.

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St. Jude Medical

St.

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Starlims

STARLIMS Corporation (STARLIMS) is a portfolio company of Francisco Partners that provides web-based laboratory information management systems.

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Strychnine

Strychnine (US chiefly) is a highly toxic, colorless, bitter, crystalline alkaloid used as a pesticide, particularly for killing small vertebrates such as birds and rodents.

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Taisho Pharmaceutical

, commonly known as Taisho, is a Japanese multinational pharmaceutical company based in Tokyo.

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The Irish Times

The Irish Times is an Irish daily broadsheet newspaper and online digital publication.

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The Wall Street Journal

The Wall Street Journal (WSJ), also referred to simply as the Journal, is an American newspaper based in New York City, with a focus on business and finance.

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TheJournal.ie

The Journal (formerly styled as TheJournal.ie) is an online newspaper in Ireland.

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Thoratec

Thoratec Corporation is a United States-based company that develops, manufactures, and markets proprietary medical devices used for mechanical circulatory support for the treatment of heart-failure patients worldwide.

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Tufts University

Tufts University is a private research university in Medford and Somerville, Massachusetts, with additional facilities in Boston and Grafton, Massachusetts, and in Talloires.

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Tyco International

Tyco International plc was a security systems company incorporated in the Republic of Ireland, with operational headquarters in Princeton, New Jersey, United States (Tyco International (US) Inc.). Tyco International was composed of two major business segments: security solutions and fire protection.

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U.S. Securities and Exchange Commission

The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929.

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United States Department of Justice

The United States Department of Justice (DOJ), also known as the Justice Department, is a federal executive department of the United States government tasked with the enforcement of federal law and administration of justice in the United States.

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United States dollar

The United States dollar (symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries.

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University of Michigan

The University of Michigan (U-M, UMich, or simply Michigan) is a public research university in Ann Arbor, Michigan.

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Unlimited company

An unlimited company or private unlimited company is a hybrid company (corporation) incorporated with or without a share capital (and similar to its limited company counterpart) but where the legal liability of the members or shareholders is not limited: that is, its members or shareholders have a joint and several non-limited obligation to meet any insufficiency in the assets of the company to enable settlement of any outstanding financial liability in the event of the company's formal liquidation.

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Valproate

Valproate (valproic acid, VPA, sodium valproate, and valproate semisodium forms) are medications primarily used to treat epilepsy and bipolar disorder and prevent migraine headaches.

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Voronezh

Voronezh (Воро́неж) is a city and the administrative centre of Voronezh Oblast in southwestern Russia straddling the Voronezh River, located from where it flows into the Don River.

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WHO Model List of Essential Medicines

The WHO Model List of Essential Medicines (aka Essential Medicines List or EML), published by the World Health Organization (WHO), contains the medications considered to be most effective and safe to meet the most important needs in a health system.

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Working Mother

Working Mother was a magazine for working mothers launched in 1979 by Founding Publisher Milton Lieberman, who was succeeded by Carol Evans.

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World Marathon Majors

The World Marathon Majors (WMM) (known for sponsorship reasons as the Abbott World Marathon Majors) is a championship-style competition for marathon runners that started in 2006.

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ZonePerfect

ZonePerfect is a manufacturer of health food products located in Columbus, Ohio.

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2022 United States infant formula shortage

In 2022, the United States experienced a severe shortage of infant formula as a result of the 2021–2022 global supply chain crisis compounded by a large scale product recall after two babies allegedly died after consuming Abbott infant formula, import restrictions, and market concentration.

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References

[1] https://en.wikipedia.org/wiki/Abbott_Laboratories

Also known as .abbott, Abbot Laboratories, Abbot Labs, Abbott (company), Abbott Diagnostics Award, Abbott Laboratories, Inc., Abbott Labs, Abbott Molecular, Abbott Nutrition, Abbott Pharmaceuticals, Abott Laboratories, Abott Labs, Controversies of Abbott Laboratories, I-STAT, Isomil, PediaSure, Ross Laboratories, Wallace Abbott.

, Laboratory information management system, Lester Grinspoon, Leuprorelin, List of Illinois companies, List of largest biomedical companies by market capitalization, List of largest pharmaceutical settlements, List of pharmaceutical companies, Macrolide, Mary Ann Liebert, Matheson (law firm), Medical device, Medical Research Council (United Kingdom), Medicare (United States), Medicare fraud, Medication, Miles D. White, MitraClip, Mobile app, Morphine, MSN, Naphazoline, New York Stock Exchange, Niacin, Niacin/lovastatin, North Chicago, Illinois, Nutrition, Pedialyte, Pfizer, Pharmaceutical industry, Physician, Piramal Group, Polymerase chain reaction, PR Newswire, Prestige Consumer Healthcare, Public company, Queenborough, Quinine, Ravenswood, Chicago, Research Park at the University of Illinois Urbana-Champaign, Robert B. Ford, S&P 100, S&P 500, Santa Ana, California, SARS-CoV-2, Science (journal), Selsun Blue, Side effect, Similac, Solvay S.A., St. Jude Medical, Starlims, Strychnine, Taisho Pharmaceutical, The Irish Times, The Wall Street Journal, TheJournal.ie, Thoratec, Tufts University, Tyco International, U.S. Securities and Exchange Commission, United States Department of Justice, United States dollar, University of Michigan, Unlimited company, Valproate, Voronezh, WHO Model List of Essential Medicines, Working Mother, World Marathon Majors, ZonePerfect, 2022 United States infant formula shortage.

Abbott Laboratories, the Glossary

Table of Contents

See also

1888 establishments in Illinois

1920s initial public offerings

American companies established in 1888

Multinational health care companies

Pharmaceutical companies established in 1888

Veterinary medicine companies

References