Abbott Laboratories - 1970's dated Bond for Famous Medical Device and Health Care Co. - Bond of Various Denomination
Inv# GB5000 Bond
General Bond printed by Security-Columbian Banknote Company. Various Denominations. Great scientist vignette. He poses w/ a microscope. Rare!!! Available in Blue, Aqua or Brown. Please specify color.
Abbott Laboratories is a prominent American multinational corporation specializing in medical devices and healthcare, headquartered in Abbott Park, Illinois. Established in 1888 by Wallace Calvin Abbott, a physician from Chicago, the company initially focused on the formulation of known pharmaceuticals. Today, it offers a diverse range of products including medical devices, diagnostics, branded generic medications, and nutritional items. In 2013, Abbott Laboratories separated its research-driven pharmaceutical division, creating AbbVie. Notable products from its medical devices, diagnostics, and nutrition sectors include Pedialyte, Similac, Ensure, Glucerna, ZonePerfect, FreeStyle Libre, i-STAT, and MitraClip.
Wallace Abbott, who graduated from the University of Michigan in 1885, founded the Abbott Alkaloidal Company in Ravenswood, Chicago, at the age of 30. As a practicing physician and drug store owner, he innovated by utilizing the active components of medicinal plants, primarily alkaloids such as morphine, quinine, strychnine, and codeine, to create small 'dosimetric granules'. This method proved effective in delivering more reliable and potent dosages to patients. In 1922, the company relocated from Ravenswood to North Chicago, Illinois.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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