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Subsidy Tracker Parent Company Summary
Parent Company Name: Abbott Laboratories
Ownership Structure: publicly traded (ticker symbol ABT)
Headquartered in: Illinois
Major Industry: pharmaceuticals
Specific Industry: pharmaceuticals
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $26,285,972 | 49 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $26,285,972 | 49 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $3,000,000 | 2 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $3,030,000 | 5 |
TOTAL | $6,030,000 | 7 |
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Ohio | $10,345,456 | 7 |
California | $5,403,252 | 10 |
Missouri | $3,220,080 | 1 |
Arizona | $2,295,647 | 3 |
Illinois | $1,655,098 | 4 |
All other | $3,366,439 | 24 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Abbott Laboratories | Ohio | state | 2012 | $5,369,069 | | tax credit/rebate |
Alere, Inc | Missouri | state | 2017 | $3,220,080 | | tax credit/rebate |
Abbott Laboratories | Ohio | local | 2019 | $2,530,230 | | tax credit/rebate |
Abbott Laboratories | Arizona | state | 2018 | $1,820,000 | | tax credit/rebate |
ABBOTT VASCULAR, INC. | California | state | 2010 | $1,470,600 | | training reimbursement |
ABBOTT LABORATORIES | Ohio | state | 2012 | $1,380,000 | | grant |
Abbott Point of Care Inc. and Abbott Diabetes Care | New Jersey | state | 2008 | $1,218,244 | | grant |
Abbott Vascular Inc | California | state | 2016 | $1,201,228 | | training reimbursement |
ABBOTT DIABETES CARE | California | state | 2010 | $843,336 | | training reimbursement |
ABBOTT LABORATORIES | Ohio | state | 2012 | $695,000 | | grant |
Abbott Vascular Inc | California | state | 2021 | $603,200 | | training reimbursement |
LightLab Imaging, Inc | Massachusetts | state | 2012 | $515,000 | | tax credit/rebate |
Abbott Laboratories | Illinois | state | 2008 | $485,631 | | tax credit/rebate |
Abbott Laboratories | Illinois | state | 2007 | $409,371 | | tax credit/rebate |
Abbott Laboratories | Illinois | state | 2006 | $381,909 | | tax credit/rebate |
Abbott Laboratories | Illinois | state | 2005 | $378,187 | | tax credit/rebate |
ABBOTT DIABETES CARE | California | state | 2007 | $359,454 | | training reimbursement |
ABBOTT VASCULAR, INC. | California | state | 2014 | $344,534 | | training reimbursement |
ABBOTT LABORATORIES | Ohio | state | 2012 | $300,000 | | grant |
Abbott Laboratories | Virginia | state | 2016 | $300,000 | | grant |
Abbott Laboratories | Virginia | state | 2020 | $300,000 | | grant |
ABBOTT VASCULAR, INC. | California | state | 2012 | $249,570 | | training reimbursement |
Abbott Point of Care | New Jersey | state | 2009 | $246,400 | | tax credit/rebate |
Abbott Laboratories | Virginia | state | 2016 | $240,000 | | grant |
Abbott Laboratories | Arizona | state | 2016 | $240,000 | | training reimbursement |
Abbott Laboratories, Ross Products Div | Arizona | state | 2004 | $235,647 | | training reimbursement |
Abbott Vascular Inc | California | state | 2022 | $198,000 | | training reimbursement |
LightLab Imaging, Inc | Massachusetts | state | 2012 | $121,636 | | tax credit/rebate |
Lightlab Imaging, Inc | Massachusetts | state | 2011 | $75,148 | | tax credit/rebate |
ABBOTT MEDICAL OPTICS INC. | California | state | 2013 | $73,582 | | training reimbursement |
Abbott Laboratories Retrain | Virginia | state | 2017 | $65,639 | | training reimbursement |
VISX INCORPORATED | California | state | 2006 | $59,748 | | training reimbursement |
ST. JUDE MEDICAL | South Carolina | state | 2009 | $59,305 | | training reimbursement |
Abbott Laboratories | North Carolina | state | 2003 | $50,000 | | grant |
ABBOTT LABORATORIES | Ohio | state | 2008 | $47,957 | | grant |
Abbott Laboratories. | Virginia | state | 2017 | $34,078 | | training reimbursement |
Advanced Neuromodulation Systems, Inc. | Oregon | state | 2006 | $29,872 | | training reimbursement |
ABBOTT LABORATORIES | Ohio | state | 2014 | $23,200 | | grant |
ALERE SCARBOROUGH, INC. | Maine | state | 2013 | $18,018 | | property tax abatement |
ALERE SCARBOROUGH, INC. | Maine | state | 2011 | $16,437 | | property tax abatement |
ALERE SCARBOROUGH, INC. | Maine | state | 2012 | $15,630 | | property tax abatement |
ALERE SCARBOROUGH, INC. | Maine | state | 2014 | $13,652 | | property tax abatement |
ALERE SCARBOROUGH, INC. | Maine | state | 2016 | $8,387 | | property tax abatement |
ALERE SCARBOROUGH, INC. | Maine | state | 2017 | $7,824 | | property tax abatement |
ABBOTT DIAGNOSTICS SCARBOROUGH INC | Maine | state | 2018 | $7,368 | | property tax abatement |
ABBOTT DIAGNOSTICS SCARBOROUGH INC | Maine | state | 2019 | $7,368 | | property tax abatement |
ALERE SCARBOROUGH, INC. | Maine | state | 2015 | $6,697 | | property tax abatement |
AXIS SHIELD DIAGNOSTICS LIMITED | Washington | state | 2011 | $4,930 | | tax credit/rebate |
Abbott Diagnostics Scarborough Inc | Maine | state | 2021 | $4,806 | | property tax abatement |
ABBOTT LABORATORIES | Ohio | state | 2012 | | $1,500,000 | loan or bond financing |
Cholestech Corporation | United States | federal | 2007 | | $1,500,000 | federal loan or loan guarantee |
ABBOTT LABORATORIES | Ohio | state | 2012 | | $1,500,000 | loan or bond financing |
Biosite Incorporated | United States | federal | 2007 | | $450,000 | federal loan or loan guarantee |
Biosite Incorporated | United States | federal | 2008 | | $450,000 | federal loan or loan guarantee |
Biosite Incorporated | United States | federal | 2007 | | $360,000 | federal loan or loan guarantee |
Biosite Incorporated | United States | federal | 2007 | | $270,000 | federal loan or loan guarantee |
VISX, Inc | California | state | 2004 | undisclosed | | training reimbursement |
Abbott Laboratories | Illinois | state | 2004 | undisclosed | | tax credit/rebate |
ABBOTT LABORATORIES, INC. | Michigan | local | 1994 | undisclosed | | property tax abatement |
KNOLL PHARMACEUTICAL COMPANY | Michigan | local | 1996 | undisclosed | | property tax abatement |
Pacesetter, Inc. (St. Jude Medical) | South Carolina | state | 2009 | undisclosed | | tax credit/rebate |
St. Jude Medical | South Carolina | state | 2006 | undisclosed | | tax credit/rebate |
Advanced Neuromodulation Systems | Texas | local | 2006 | undisclosed | | tax credit/rebate |
ABBOTT NUTRITION ABBOTT LABORATORIES | Michigan | local | 2007 | undisclosed | | property tax abatement |
Abbott Bioresearch Center, inc. | Massachusetts | state | 2002 | undisclosed | | tax credit/rebate |
ABBOTT VASCULAR, INC. | California | state | 2012 | undisclosed | | training reimbursement |
Abbott Laboratories, Ross Products Division | Ohio | state | 2006 | undisclosed | | tax credit/rebate |
St. Jude Medical Cardiology Division, Inc. | South Carolina | state | 2018 | undisclosed | | tax credit/rebate |
Abbott Laboratories | Ohio | state | 2019 | undisclosed | | enterprise zone |
Abbott Laboratories | Texas | state | 2020 | undisclosed | | enterprise zone |
Abbott Laboratories, Ross Products | Michigan | state | 2011 | undisclosed | | property tax abatement |
St. Jude Medical | Minnesota | state | 2022 | undisclosed | | sales tax exemption |
Abbott Laboratories | Ohio | state | 2022 | undisclosed | | enterprise zone |
Abbott Laboratories | Ohio | state | 2022 | undisclosed | | enterprise zone |