Conor Stewart
Research expert covering health & pharmaceuticals in the UK & Europe
Get in touch with us nowThis statistic shows the expenditure of medical device and pharmaceutical company Abbott in research and development from 2004 to 2023. In 2023, Abbott spent approximately 2.74 billion U.S. dollars on R&D. Abbot was a U.S.-based global pharmaceutical and healthcare products company, headquartered in Chicago, Illinois. In January 2013, Abbott was separated into two companies: Abbott Laboratories and AbbVie. Abbott is specialized in medical products, while AbbVie is responsible for research-based pharmaceuticals.
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