Industry-Leading Development Opportunities, Acknowledgement for
Innovative Thinking, Help Create an Environment Where Scientists Thrive
and Science is Recognized
ABBOTT PARK, IL, Oct. 24 /CNW/ -- For the fifth consecutive year, Abbott
(NYSE: ABT) has been named among the top 20 employers in the Science magazine
2007 Top Biotech and Pharma Employer's survey.
Science is at the center of Abbott's broad base of businesses. To enhance
the experience for researchers, Abbott offers an array of development
opportunities in the areas of leadership and business skills, as well as
collaborations with academia to help them be successful in the industry
environment. Recently Abbott also was named one of the "Best Places to Launch
by BusinessWeek magazine.
"Helping our scientists reach their full potential is critical to
Abbott's continued success and to finding new and better treatment options for
patients, so it's important that we foster an environment where our scientists
and their innovative solutions can flourish," said Miles D. White, chairman
and chief executive officer, Abbott. "In addition to again being honored for
the kind of workplace we have created by Science magazine, the breakthrough
work at Abbott has recently been recognized by Prix Galien USA, the Wall
Street Journal Technology Awards and the Chicago Innovation Awards."
The Science magazine rankings are determined from a study conducted by an
independent research firm commissioned by the journal, and appeared in a
special business supplement of the Oct. 12 issue. Survey respondents were
asked to rate companies based on 23 characteristics, including financial
strength, easy adaptation to change and a research-driven environment.
The 2007 survey sought to identify the companies with the best
reputations as employers, based on 3,157 survey responses from readers of
Science and other selected respondents. Twenty-nine percent of the respondents
came from outside the United States, primarily Western Europe, and 92 percent
worked in private industry.
Survey responses were analyzed by Senn-Delaney Culture Diagnostics &
Measurement, which used a mathematical process to assign a unique score to
rate the companies' employer reputation, taking into account 23 different
attributes including: Corporate Image, Leadership and Direction, Financial
Prowess, Work Culture/Environment, Work/Life Balance, Academics and Collegial
Exchange, and Compensation and Benefits.
Industry-Leading Development Opportunities
A number of unique development programs have been established for
Abbott's scientists at all levels of the organization to help nurture and grow
their skills in order to help them achieve success within the company.
Leadership Development for Scientists, a program specifically designed to
provide enhanced skills for high-potential scientists and physicians, helps
develop leadership traits and business skills that are not usually included in
a scientist's normal curriculum. Abbott also offers a Physician Development
Program, which is designed to provide M.D.s who have never worked in industry
with an overview of the drug development process. In addition, Abbott
collaborates with top colleges and universities to develop curricula that will
help scientists obtain a business background to work in industry. Through
these proactive collaborations, Abbott helps ensure that the candidates it
considers will have the appropriate backgrounds to achieve success in their
Rewarding and Recognizing Innovative Ideas and Achievements
In addition to external honors, Abbott scientists are eligible for unique
internal recognition. Induction into the prestigious Volwiler Society
represents the highest honor an Abbott scientist can receive. Employees also
are eligible for President's Awards, patent/inventor awards and several
In addition to the recognition in Science magazine, Abbott has been named
among the country's best employers for scientists by The Scientist magazine.
The company was recently named one of the "Best Places to Launch a Career" by
BusinessWeek magazine and Working Mother magazine's "Top 100 Best Companies
for Working Mothers" list. Abbott also has been included on DiversityInc
magazine's list of the "Top 50 Companies for Diversity" for many years.
Abbott is a global, broad-based health care company devoted to the
discovery, development, manufacture and marketing of pharmaceuticals and
medical products, including nutritionals, devices and diagnostics. The company
employs 65,000 people and markets its products in more than 130 countries.
Abbott's news releases and other information are available on the
company's Web site at www.abbott.com.
For further information:
For further information: Laura Weber of Abbott, +1-847-936-3708, Web