Strength in Diversity

Originally Published MX July/August 2005

COVER STORY

Interview by Steve Halasey

In the medical technology marketplace, a company doesn't typically stay around very long if it isn't competitive. And keeping a company among the market leaders in even one sector can be a monumental undertaking for company executives.

But somehow, those challenges don't seem so difficult for company leaders at Abbott (Abbott Park, IL), a 117-year-old healthcare company with leadership positions in a number of the industry's major sectors. Although most consumers recognize Abbott's name because of its strong presence as a manufacturer of pharmaceuticals, the company describes itself as a "broad-based healthcare company that discovers, develops, manufactures, and markets products and services that span the continuum of care—from prevention and diagnosis to treatment and cure."