Abbot Laboratories is an American multinational medical device company based in Illinois. The company, founded in 1888, primarily produces branded generic medicines, medical devises, diagnostic assays, and nutritional substances.The company has recently began to implement AI in both its Diagnostics and Medical Device sectors.
Abbot is publicly traded, but a large amount of its shares are held by institutional investors, primarily The Vanguard Group, BlackRock, and State Street Corporation.
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