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« ETHICAL » RATING OF ABBOT GROUP
, group
and subsidiaries
[click on the rating for the method or on the number for the data] |
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Jobs -13% /1998
Fraud 1
Offshore 1
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Business & marketSubsidiaries
| shareholder | country | % | source |
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| country | address & contact : production type incentive source |
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| year name | photo position; compensation source |
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year | employees <> | social impact : country source |
| 2005 | -700 | Internal restructuring: Abbott will lay off 700 workers at its Lake County, Ill., facilities. Abbott posted a 38 per cent gain in second-quarter profit, below Wall Street's expectations.: United States of America | Canadian Press |
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| year | employees <> | social impact : country source |
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| year | financial misdemeanor | sales | income | | | source |
| 2005 |
Sued by the State of California for defrauding the state's $34 billion Medi-Cal program by inflating prices. "We're going to drag these drug companies into courts of law because they've been gouging the public," California Attorney General Bill Lockyer said at a news conference. For example, Medi-Cal paid $804.70 US for a bottle of the hypertension drug Atenolol. Providers such as doctors, clinics and pharmacists paid $33.85 US. As a result, providers reimbursed by Medi-Cal for Atenolol pocketed $770.85 US. The windfalls gave doctors, pharmacies and other providers an incentive to prescribe such drugs, which resulted in even more sales by drug makers, Lockyer said. |
| | | | | | Canadian Press |
| 2003 |
| 0.4 | 0.01 | | | billion UK£ | Company |
| 2002 |
| 0.44 | 0.05 | | | billion UK£ | Company |
| 2001 |
| 0.26 | 0.01 | | | billion UK£ | Company |
| 2000 |
| 0.17 | 0.01 | | | billion UK£ | Company |
| 1999 |
| 0.16 | 0.01 | | | billion UK£ | Company |
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| year | financial misdemeanor | sales | income | assets | buyback | source |
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