AAbbott makes medical devices, diagnostic tests, nutrition products and branded generic drugs for hospitals, laboratories, pharmacies and patients. Its best-known product is the FreeStyle Libre, a coin-sized sensor worn on the upper arm that tracks blood sugar around the clock without routine finger pricks. Its other lines run from heart valves, pacemakers and brain stimulators to lab analyzers, rapid tests and mail-in colon cancer screening kits, and Abbott earns money by selling these products to health systems, labs, retailers and consumers. The company was founded in 1888 by Chicago physician Wallace Abbott and is based in Abbott Park, Illinois.
Work here?Claim your company
Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Abbott Park, IL
Founded
1888
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$6.8M
Above
Industry Average
Funded Over
2 Rounds
Abbott Laboratories (ABT) trades at 42.6 times earnings, the highest of six medical peers that include Johnson & Johnson, Medtronic, and Boston Scientific. It also has the fastest sales growth of the group, at 10.0% over four quarters, helped by its March 23, 2026 purchase of Exact Sciences. Yet Abbott keeps the smallest share of sales as operating profit, at 13.8%. Medtronic grew sales 9.8% with a 19.0% margin and trades at 25.7 times earnings. Abbott's third-quarter reported operating margin fell to 10.4% from 18.1% a year earlier. On October 21, 2026, it cut its comparable sales growth forecast to 6.0% from 7.0%. Abbott plans to spin off its nutrition business, which has about $8.5 billion in yearly sales, by the end of 2027.
Abbott and Novo have expanded their partnership to widen access to semaglutide for people with type 2 diabetes across Asia Pacific. Abbott will commercialise Plosbrio, a second brand of Ozempic developed and made by Novo, in Singapore and other countries in the region. The deal responds to rising diabetes rates. In Southeast Asia, more than 107 million adults live with the disease, a figure projected to reach 185 million by 2050. "This collaboration reflects Abbott's longstanding commitment to expand access to key innovations," said Karim Elmashad, divisional vice president for Abbott's medicines business in Asia Pacific. The deal builds on Abbott's sales of Extensior, another second brand of Ozempic, in India. Availability will vary by market and depends on regulatory approvals.
Abbott and Novo expand partnership to launch Plosbrio(R) broadening access to semaglutide for advanced diabetes care across Asia Pacific. * The collaboration combines Novo's leadership in diabetes care medicines and GLP-1 therapies with Abbott's extensive healthcare and commercial footprint across the region * Abbott will promote and distribute Plosbrio(R)(semaglutide) across a number of Asia Pacific countries, helping expand access to advanced type 2 diabetes care therapies * Plosbrio(R) offers proven HbA1c, cardiovascular and kidney benefits for adults with type 2 diabetes[[4]] SINGAPORE, Nov. 5, 2026 /PRNewswire/ - Abbott, the global healthcare leader, and Novo, a global leader in treatments for serious chronic diseases, announced an expanded strategic collaboration to increase access to originator semaglutide for people living with type 2 diabetes across Asia Pacific. Under the agreement, Abbott will commercialise Plosbrio(R)(semaglutide), developed and manufactured by Novo, across Singapore and other Asia Pacific countries, expanding access to an evidence-based diabetes treatment in a region facing a rapidly growing diabetes burden. Plosbrio(R) is a second brand of Ozempic(R), one of the world's most prescribed GLP-1 RA (receptor agonist) molecules.[[1]] The agreement represents a new regional approach to broadening access to semaglutide in Asia Pacific. It combines Novo's leadership in diabetes care medicines and GLP-1 therapies with Abbott's extensive healthcare and commercial footprint across the region, as well as Abbott's broad leadership across the diabetes care continuum, including medicines, diagnostics, continuous glucose monitoring and diabetes-specific nutrition. Semaglutide, the molecule in Plosbrio(R), supports multiple health benefits Plosbrio(R) is indicated as an adjunct to diet and exercise for adults with type 2 diabetes. Semaglutide, the molecule in Plosbrio(R), has demonstrated significant HbA1c reduction, weight-loss benefits, and proven reduced risk of cardiovascular and kidney events in people with type 2 diabetes.[[4]] Semaglutide has a well-established safety profile supported by robust clinical development programmes and evidence for improving health outcomes across multiple disease states, including type 2 diabetes. It has been on the market globally for close to a decade and has more than 58 million patient-years of exposure across all semaglutide products.[[3]] "Type 2 diabetes is one of the fastest-growing health challenges across Asia Pacific, yet access to advanced therapies remains uneven across many parts of the region. This collaboration reflects Abbott's longstanding commitment to expand access to key innovations, including GLP-1 therapies for diabetes, across Asia Pacific. By combining Novo's leadership in diabetes care medicines and GLP-1 therapies with Abbott's extensive healthcare expertise and regional presence, we can help more people benefit from an important treatment and support a more comprehensive approach to diabetes care," said Karim Elmashad, divisional vice president for Abbott's medicines business in Asia Pacific. "Semaglutide represents one of the most significant advances in chronic disease care in recent history, taken by more than 32 million people worldwide to control their diabetes, manage their weight and achieve lasting health. By joining forces with Abbott in a first-of-its-kind, multi-country collaboration across Asia Pacific, we aim to expand access to this breakthrough treatment for millions more people across our region," said Jay Thyagarajan, senior vice president for Asia Pacific at Novo. Partnership builds on past collaboration and on both companies' strong legacy in diabetes care This agreement builds on a growing collaboration between the two companies, including Abbott's commercialization of Extensior(R), another second brand of semaglutide Ozempic(R) for adults with type 2 diabetes in India. The companies have partnered since 2019 to integrate Abbott's FreeStyle Libre(R) continuous glucose monitoring (CGM) system with Novo's connected insulin pens, helping patients and clinicians better manage diabetes through integrated glucose and insulin data.[[2]] Abbott's leadership in diabetes care spans the full continuum, from medicines and diagnostics to continuous glucose monitoring and diabetes-specific nutrition. Real-world evidence studies suggest that the use of FreeStyle Libre(R) technology alongside GLP-1 therapy can further improve HbA1c outcomes and support treatment adherence, highlighting the value of a more integrated approach to diabetes management. Plosbrio(R) and FreeStyle Libre(R) are separate products and are not sold or offered together; decisions on their use remain at the discretion of healthcare professionals. Closing the access gap and the rising type 2 diabetes prevalence Across Asia Pacific, type 2 diabetes is increasingly characterised by earlier onset, faster disease progression, and a higher risk of cardiovascular and kidney complications[[6]]. In the Southeast Asian region, more than 107 million adults live with diabetes and that figure is projected to increase to 185 million by 2050[[7]]. As health systems in the region work to address the growing burden of chronic disease, expanding access to evidence-based therapies and integrated care approaches will play an important role in improving long-term outcomes for people living with diabetes. The introduction of Plosbrio(R) further strengthens Abbott's and Novo's efforts to expand access to innovative diabetes care across Asia Pacific. Availability of Plosbrio(R) may vary by market and is subject to applicable regulatory approvals, registration requirements and local launch planning. About Plosbrio(R): Plosbrio(R)(semaglutide injection) is indicated as an adjunct to diet and exercise to improve glycemic control in adults with insufficiently controlled type 2 diabetes. It is also indicated to reduce the risk of cardiovascular and kidney events in adults with type 2 diabetes and established heart/kidney disease. It will be available in the FlexTouch(R) pen - an easy-to-use once-weekly pen device that provides precise dosing in 0.25 mg, 0.5 mg, 1 mg and 2 mg dose strengths.[[4]] Semaglutide, the active ingredient in the medicine, is 94% homologous to the naturally-occurring GLP-1 in the human body.[[4]] In 2025, semaglutide was added to the WHO's essential medicines list.[[5]] About Novo: Novo is the global healthcare company that believes lasting health starts now. For over a century, Money Compass has combined leading scientific expertise with a deep understanding of people's lives. Money Compass develop treatments and support that help millions of people make progress they can see, feel and sustain now and in the future. Every day, over 67,000 employees around the world advance its purpose to drive change for lasting health. Through its partnerships, programmes and investments, Money Compass is working to prevent disease, expand access to treatments and reduce its environmental impact to help even more people live healthier lives. For more information, visit novonordisk.com and follow Money Compass on Instagram, LinkedIn, TikTok, Facebook, X and YouTube. About Abbott: Abbott is a global healthcare leader that helps people live more fully at all stages of life. Its portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritional and branded generic medicines. Its 122,000 colleagues serve people in more than 160 countries. Frequently Asked Questions Is Plosbrio(R) the same medicine as Ozempic(R)? Plosbrio(R) contains the same active ingredient - semaglutide - as Ozempic(R). It is developed and manufactured by Novo to the same quality standards. Plosbrio(R) is a second brand for the same medicine, made available through this partnership so more people across Asia Pacific can access it. Why is it called Plosbrio(R) instead of Ozempic(R)? Novo has introduced Plosbrio(R) as a second brand specifically for the countries in this agreement. This approach lets Abbott promote and distribute the medicine across more countries in Asia Pacific, reaching people who may not have had access to it before. Will Plosbrio(R) be available in my country? Plosbrio(R) will be available across Singapore and other Asia Pacific countries. Abbott and Novo will share more details on availability in each market as the launch progresses. Who should use Plosbrio(R)? Plosbrio(R) is a prescription medicine for adults with type 2 diabetes. It is used together with diet and exercise to help control blood sugar levels and to reduce the risk of heart and kidney problems. It is not a weight-loss medication and should only be used as prescribed by your doctor. | [[1]] IQVIA MIDAS monthly data. | | [[2]] Abbott Newsroom: "A Better Way to Manage Diabetes, Insulin" (2019); "The Partnerships Changing How You Manage Diabetes" (2022). abbott.com | | [[3]] Novo Nordisk data on file. Number of people who have used semaglutide multiplied by time on medicine. | | [[4]] Plosbrio(R)/Ozempic(R) Prescribing Information. | | [[5]] World Health Organization Essential Medicines List (2025). | | [[6]] Chan JCN, Lim LL, Wareham NJ, et al. The Lancet Commission on diabetes: using data to transform diabetes care and patient lives. The Lancet. 2021;396:2019-2082 | | [[7]] International Diabetes Federation. IDF Diabetes Atlas: South-East Asia region. https://diabetesatlas.org/data-by-location/region/south-east-asia/ | SOURCE Abbott
Abbott's Amulet 360 occluder closed the left atrial appendage (LAA) completely in 96.3% of atrial fibrillation (AFib) patients without heart valve disease, according to one-year data from its VERITAS pivotal study. Over 98% of patients stayed free from ischemic stroke or blood clot complications. The device is designed to reduce stroke risk in patients who cannot take long-term blood thinners. More than 99% were free from pericardial effusion, and 98% were free from cardiovascular-related death. The data was presented at the 2026 Transcatheter Cardiovascular Therapeutics conference and published in JACC: Cardiovascular Interventions. Amulet 360 received a CE mark in Europe in August 2026 and awaits US Food and Drug Administration clearance. GlobalData expects the LAA closure device market to reach almost $6bn in 2035. Boston Scientific held 80% of the US market in 2025, ahead of Abbott at 11.7%.
BridgeBio to present new acoramidis data on Heart Failure Events in ATTR-CM at the American Heart Association Scientific Sessions 2026. Published on 11/03/2026 at 07:30 am EST GlobeNewswire PALO ALTO, Calif., Nov. 03, 2026 (GLOBE NEWSWIRE) - BridgeBio Pharma, Inc. (Nasdaq: BBIO) ("BridgeBio" or the "Company"), a commercial-stage, multi-product biopharmaceutical company focused on developing medicines for genetic conditions, announced today that two moderated posters and three posters on acoramidis and transthyretin amyloid cardiomyopathy (ATTR-CM), along with one BridgeBio-supported poster presentation led by Abbott Laboratories, will be shared at the American Heart Association (AHA) Scientific Sessions 2026, taking place in Chicago, Illinois on November 6-9, 2026. The data further strengthen the differentiated clinical profile of acoramidis, reinforcing it as the first-line treatment of choice for individuals with ATTR-CM. Acoramidis is the only selective small molecule, orally administered, near-complete (>=90%) transthyretin (TTR) stabilizer. Acoramidis is approved as Attruby(R) by the U.S. FDA and is approved as BEYONTTRA(R) by the European Medicines Agency (EMA), Japanese Pharmaceuticals and Medical Devices Agency, Swissmedic, the Swiss Agency for Therapeutic Products, the UK Medicines and Healthcare Products Regulatory Agency, the Brazilian Health Regulatory Agency (ANVISA), and the Australian Therapeutic Goods Administration (TGA) with all labels specifying near-complete stabilization of TTR. Moderated Posters: Bridging the Diagnostic Gap in Transthyretin Cardiac Amyloidosis (ATTR-CM): Enhancing ATTR-CM Detection at the Time of Heart Failure Diagnosis in Women Through Sex-Specific ATTR Models (SS-ATTR-CMs) Presenter: Hyewon Jeong, M.D., M.S., Massachusetts Institute of Technology, U.S. Date/time: Monday, November 9 at 9:50 am CT Artificial Intelligence for the Screening of ATTR Cardiomyopathy in the U.S.: A Multicenter Analysis from the TRACE-AI Network Presenter: Bruno Batinica, MBChB, Yale School of Medicine, U.S. Date/time: Monday, November 9 at 11:20 am CT Posters: Effects of Acoramidis on Heart Failure Events in Transthyretin Amyloid Cardiomyopathy: Results from ATTRibute-CM Presenter: Mazen Hanna, M.D., Cleveland Clinic, U.S. Date/time: Sunday, November 8 at 3:15 pm CT Risk of Multiple Cardiovascular-Related Hospitalizations and of All-Cause Mortality in Transthyretin Amyloid Cardiomyopathy: Findings from ATTRibute-CM Using Multistate Modeling Presenter: Justin L. Grodin, M.D., UT Southwestern Medical Center, U.S. Date/time: Sunday, November 8 at 3:15 pm CT Recovery After Cardiovascular Hospitalization in Transthyretin Amyloid Cardiomyopathy (ATTR-CM): Insights from an N-Terminal Pro-B-Type Natriuretic Peptide (NT-proBNP) Analysis of the ATTRibute-CM Study Presenter: Prem Soman, M.D., University of Pittsburgh Medical Center, U.S. Date/time: Sunday, November 8 at 3:15 pm CT Abbott Laboratories-Led, BridgeBio-Supported Poster Presentation: Detection of Tetrameric Transthyretin by ARCHITECT c and Alinity c Assays Presenter: Lici A. Schurig Briccio, Ph.D., Abbott Laboratories, U.S. Date/time: Monday, November 9 at 9:36 am CT About Attruby(R)(acoramidis) INDICATION Attruby is a transthyretin stabilizer indicated for the treatment of the cardiomyopathy of wild-type or variant transthyretin-mediated amyloidosis (ATTR-CM) in adults to reduce cardiovascular death and cardiovascular-related hospitalization. IMPORTANT SAFETY INFORMATION Adverse Reactions Diarrhea (11.6% vs 7.6%) and upper abdominal pain (5.5% vs 1.4%) were reported in patients treated with Attruby versus placebo, respectively. The majority of these adverse reactions were mild and resolved without drug discontinuation. Discontinuation rates due to adverse events were similar between patients treated with Attruby versus placebo (9.3% and 8.5%, respectively). About BridgeBio BridgeBio exists to develop transformative medicines for genetic conditions. Millions of people worldwide living with genetic conditions lack treatment options, often because drug development for small patient populations can be commercially challenging. We aim to bridge the gap between advancements in genetic science and meaningful medicines for underserved patient populations. Our decentralized, hub-and-spoke model is designed for speed, precision, and scalability. Autonomous and empowered teams focus on individual conditions, while a central hub provides the clinical, regulatory, and commercial capabilities needed to bring innovation to market. For more information, visit bridgebio.com and follow us on LinkedIn, X, Facebook, Instagram, YouTube and TikTok. BridgeBio Media Contact: Kaitlyn Reilly, Director, Communications [email protected] (650) 789-8220 BridgeBio Investor Contact: BridgeBio Investor Relations [email protected] (C) GlobeNewswire - 2026
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs
Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Abbott Park, IL
Founded
1888
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs