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Abbott Laboratories is an American multinational medical devices and health care company with headquarters in Green Oaks, Illinois, United States.The company was founded by Chicago physician Wallace Calvin Abbott in 1888 to formulate known drugs; today, it sells medical devices, diagnostics, branded generic medicines and nutritional products.
In the second quarter, Abbott Laboratories' sales grew 4% year over year to $10.4 billion. The company's top line increased 9.3% organically if we exclude the effect of its coronavirus diagnostic ...
Financials as of March 31, 2024. [update] [1] McKesson Corporation is a publicly-traded American company that distributes pharmaceuticals and provides health information technology, medical supplies, and health management tools. The company delivers a third of all pharmaceutical products used or consumed in North America and employs over 51,000 ...
In September 2016, pharmaceutical and medical device company Johnson & Johnson announced they were buying Abbott Medical Optics for $4.3 billion. [12] On February 27, 2017, Abbott Medical Optics changed its name to Johnson & Johnson Vision following its $4.3 billion acquisition by Johnson & Johnson. [13] In 2017, JJV acquired TearScience. [14]
Here's the current margin snapshot for Abbott Laboratories over the trailing 12 months: Gross margin is 60.0%, while operating margin is 16.5% and net margin is 12.2%.
Those 65 and over have a median net worth of about $250,000 (shown), about a quarter of the group's average (not shown). [1] Pensions in the United States consist of the Social Security system, public employees retirement systems, as well as various private pension plans offered by employers, insurance companies, and unions.
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