Founded in 1888 by Dr Wallace Abbott, a Chicago physician, Abbott is a healthcare company that develops and manufactures products and services that span the continuum of care – from prevention and diagnosis to treatment and cure. Abbott's principal businesses are pharmaceutical, nutritional and medical products, including cardiovascular devices and vision care, diabetes care and diagnostic point-of-care (POC) products.
The Abbott Medical Device Company Report provides a full review of the company's medical device activities, from its origins to its latest corporate activity, including mergers and acquisitions, agreements, divestitures and litigation. Sections are also included on products, corporate strategy and R&D.
Whatever your interest or involvement, evaluating the performance, success, failures and developments of medical companies is critical. Espicom’s Medical Device Company Reports have been regularly published for over 20 years, and these critically acclaimed and respected management reports provide a complete review of leading players in the field.
Evaluate competitive threats Maximise product and market opportunities Identify collaborators and strategic partners Understand the operating market environment Benchmark your performance against competitors Coverage Overview
Key contact information Introduction to Abbott and its current activities Summary of its financial performance Key recent events in an “at a glance” format Strategic Focus
The company’s aims and its areas of focus Financial Review
Current year and annual financial data, including revenue breakdowns by product area and geographic region (if available) Table providing in-depth five-year financial analysis Employee data, including breakdown by company division and geographic location Product Overview
Core product areas, key brands, product approvals and launches Identifies the company’s major competitors Research and Development
How much has been invested in R&D? Where is the research based? What alliances and agreements does Abbott have and with whom? Manufacturing and Distribution
Identifying the company’s manufacturing locations Sales and marketing facilities Agreements
With whom has Abbott reached agreements and what do they involve? Key contracts awarded Mergers and Acquisitions Minority Divestments Litigation Key Corporate Events
Table Of Contents
Abbott Medical Device Company Intelligence Report OVERVIEW 1 STRATEGIC FOCUS 3 Medical Devices Long-Term Strategy 3 Diagnostics Long-Term Strategy 3 Espicom View 4 FINANCIAL REVIEW 5 2012 Financial Results 5 Revenues by Business Segment 6 Diagnostics Segment 7 Vascular Device Segment 7 Other Segments 7 Revenues by Geographic Area 8 Five-Year Financial Data 9 Outlook 9 Employees 9 PRODUCTS 10 Vascular Devices 10 Recent Vascular Devices Developments 12 Diabetes Care 13 Recent Diabetes Product Developments 14 Abbott Medical Optics (AMO) 14 Micro-Implantation Cataract Suite 16 Recent Vision Care Developments 16 Diagnostics 17 Laboratory Diagnostics 17 Point-of-Care Diagnostics 17 Recent Diagnostic Product Developments 18 Animal Health 21 RESEARCH AND DEVELOPMENT 22 RandD Expenditure 22 RandD Centres 22 Product Development 22 Research Agreements 23 Epizyme 23 Janssen Biotech/Pharmacyclics 24 Bioview 24 Merck and Co 24 GenLab 24 Studies and Trials 25 Stent Systems 25 Absorb Bioresorbable Vascular Scaffold 25 Esprit Drug-Eluting Vascular Scaffold 26 MitraClip 26 Findings of the ACCESS-EU Study 27 Results of the TRAMI Registry 27 MANUFACTURING AND DISTRIBUTION 28 AGREEMENTS 29 CellaVision 29 Abaxis 29 Biofortuna 29 St Jude Medical 30 GlaxoSmithKline 30 MERGERS AND ACQUISITIONS 31 Distribution Partners 31 Evalve 31 Visiogen 31 Advanced Medical Optics 32 DIVESTITURES 33 Angioblast Systems 33 Abbott Spine 33 Boston Scientific 33 LITIGATION 35 Cordis and Wyeth 35 Dr Bruce Saffran Patent Infringement 35 KEY CORPORATE EVENTS 36
List of Tables
Abbott - Annual Financial Results, 2008-2012 5 Abbott - Annual Sales by Business Segment, 2008-2012 6 Abbott - Annual Diagnostic Product Sales, 2010-2012 7 Abbott - Annual Vascular Product Sales, 2010-2012 7 Abbott - Annual Sales by Geographic Area, 2008-2012 8 Abbott - Five-Year Financial Summary 9 Abbott - Annual RandD Expenditure, 2008-2012 22 Abbott's Principal Vascular, Diabetes Care, AMO and Diagnostics Manufacturing Locations 28 Agreements Summary 29 Mergers and Acquisitions Summary 31
List of Charts
Abbott - Annual Sales and Operating Income, 2008-2012 5 Abbott - Annual Sales by Business Area, 2008-2012 6 Abbott - 2012 Sales by Business Segment (%) 10