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October 09, 2015 10:40 AM ET

Healthcare Equipment and Supplies

Company Overview of Abbott Vascular Inc.

Company Overview

Abbott Vascular Inc., a medical device company, engages in the research, development, manufacture, and supply of therapeutic solutions for the treatment of cardiac and vascular diseases to healthcare professionals worldwide. The company offers interventional cardiology medical devices, including drug-eluting stents, bare metal stents, coronary guide wires, balloon dilatation catheters, and guiding catheters and accessories for the treatment of coronary artery disease; products for peripheral intervention, including peripheral guide wires, dilatation catheters, and guiding catheters; and suture-mediated and clip-based vessel closure products that facilitate secure closure of the vascular acce...

3200 Lakeside Drive

Santa Clara, CA 95054

United States

Founded in 1995





Key Executives for Abbott Vascular Inc.

Chairman of Abbott Laboratories and Chief Executive Officer of Abbott Laboratories and
Age: 60
Divisional Vice President of Diagnostics
Age: 59
Divisional Vice President of Medical Devices
Divisional Vice President of Pharmaceutical Products Group
Divisional Vice President of Scientific Assessment and Technology Licensing
Compensation as of Fiscal Year 2015.

Abbott Vascular Inc. Key Developments

Abbott Vascular Announces Layoff of 100 in Temecula

Abbott Vascular announced 100 layoffs. It was the most recent in a series of layoffs since an announced restructuring in October 2012 that has brought the workforce at the plant from a peak of 4,000 to about 1,700.

Abbott Laboratories's Division Abbott Vascular to Close Plant in Webster, Affecting 52 Employees

Abbott Vascular, a division of Abbott Laboratories, will close its plant in Webster, affecting 52 employees. The facilities, at 253 Medical Center Blvd. in Webster, won't close until May 2015, but employees will be let go in waves beginning Sept. 17, 2014. Every affected employee will receive at least 60 days regular pay and benefits.

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