Clara Abbott

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Clara Abbott
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Clara Abbott
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Name Clara Abbott
Birth name
Birth date 1836
Birth place Seneca, New York, USA
Death date 1924
Death place Chicago, Illinois, USA
Alma mater
Occupation
Years active
Organization
Known for Co-founder of Abbott Laboratories
Notable works
Spouse(s)
Website


Clara Abbott (1836–1924) was an American philanthropist and co-founder of Abbott Laboratories, a global healthcare company. She played a significant role in the early development of the company and was instrumental in establishing the Clara Abbott Foundation, which continues to support Abbott employees and their families.

Early Life[edit | edit source]

Clara Abbott was born in 1836 in Seneca, New York. Little is known about her early life, but she was raised in a time when opportunities for women were limited. Despite these challenges, Clara was known for her intelligence and determination.

Marriage to Dr. Wallace C. Abbott[edit | edit source]

In 1858, Clara married Wallace C. Abbott, a practicing physician and pharmacist. The couple moved to Chicago, Illinois, where Dr. Abbott began experimenting with the production of "alkaloidal medicine" tablets. Clara supported her husband's endeavors, contributing to the business's growth and success.

Role in Abbott Laboratories[edit | edit source]

Clara Abbott was a key figure in the establishment of Abbott Laboratories. While her husband focused on the scientific and medical aspects of the business, Clara managed many of the administrative and financial tasks. Her business acumen and organizational skills were crucial in the company's early years.

Philanthropy[edit | edit source]

Clara Abbott was deeply committed to philanthropy. In 1916, she established the Clara Abbott Foundation, which aimed to provide financial assistance to Abbott employees and their families. The foundation was one of the first of its kind and set a precedent for corporate responsibility and employee welfare.

Legacy[edit | edit source]

Clara Abbott's legacy lives on through the Clara Abbott Foundation, which continues to support Abbott employees worldwide. Her contributions to the founding and growth of Abbott Laboratories have had a lasting impact on the healthcare industry.

Also see[edit | edit source]

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Contributors: Prab R. Tumpati, MD