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 SummarySubsidy ValueNumber of Awards
State/Local$20,025,43339
Federal (grants and allocated tax credits)$2,943,1225
TOTAL$22,968,55544
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$3,000,0002
Federal loans, loan guarantees and bailout assistance (not including repayments)$5,030,0006
TOTAL$8,030,0008
Time Period for State and Local Awards: 

Earliest year of data: 1994. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

ABBOTT DIABETES CARE; ABBOTT LABS; ABBOTT MEDICAL OPTICS; ABBOTT NUTRITION; ABBOTT POINT OF CARE; ABBOTT VASCULAR; ADVANCED NEUROMODULATION SYS; ALERE; AXIS SHIELD DIAGNOSTICS LIMITED; BIOSITE; CHOLESTECH; IBIS BIOSCIENCES; KNOLL PHARMACEUTICAL; LIGHTLAB IMAGING; PACESETTER ST JUDE MEDICAL; ST JUDE MEDICAL; ST JUDE MEDICAL CARDIOLOGY DIVISION; TAPESTRY MEDICAL; VISX

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.

For an overview of political contributions associated with this company, see its Follow the Money page.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Ohio$10,345,4567
California$4,602,0528
Illinois$1,655,0984
New Jersey$1,464,6442
Massachusetts$711,7843
All other$1,246,39915

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Abbott Laboratories Ohio state 2012 $5,369,069 tax credit/rebate
Abbott Laboratories Ohio local 2019 $2,530,230 tax credit/rebate
IBIS BIOSCIENCES INC United States federal 2009 $1,591,169 federal grant
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
IBIS BIOSCIENCES, INC United States federal 2009 $769,776 federal grant
ABBOTT LABORATORIES Ohio state 2012 $695,000 grant
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 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
ALERE WELLBEING INC United States federal 2013 $231,088 federal grant
LIGHTLAB IMAGING United States federal 2000 $223,000 federal grant
ALERE WELLBEING INC United States federal 2014 $128,089 federal grant
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
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
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
ALERE SCARBOROUGH, INC. Maine state 2015 $6,697 property tax abatement
AXIS SHIELD DIAGNOSTICS LIMITED Washington state 2011 $4,930 tax credit/rebate
TAPESTRY MEDICAL INC United States federal 2008 $2,000,000 federal loan or loan guarantee
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
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