Abbott Laboratories
Industry
Pharmaceuticals
Corporate Headquarters
Abbott Park, IL
Corporate Profits, 2005-2024
$119.3 billion
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Spending Snapshot
Campaign Spending
$13.3million
From Employees: 2.1%
Lobbying Spending
$2.4million
Total Political Spending
$15.8million
Issues
- Spent $7.9 million to oppose Prop. 79 (Defeated, 2005) (and support the competing Prop. 78 (Defeated, 2005)) to prevent the reduction of prescription drug prices
- Lobbied against bills that sought to ensure the safety, effectiveness, and affordability of prescription drugs, including: SB-606 (Defeated, 2007-08), AB-2690 (Defeated, 2007-08)
- Gave $451K to committee advancing the overall agenda of the Pharmaceutical Research and Manufacturers Association
- Gave $451K to committee advancing the overall agenda of the Pharmaceutical Research and Manufacturers Association
- Gave $451K to committee advancing the overall agenda of the Pharmaceutical Research and Manufacturers Association
- Gave $451K to committee advancing the overall agenda of the Pharmaceutical Research and Manufacturers Association
- Gave $451K to committee advancing the overall agenda of the Pharmaceutical Research and Manufacturers Association
- Gave $451K to committee advancing the overall agenda of the Pharmaceutical Research and Manufacturers Association
- Spent $155K to oppose Prop. 24 (2010), which would have closed corporate tax loopholes
Republicans
$152.9k
Democrats
$571.5k
Total - All Current Elected Officials
$729.1k
Along with contributing directly to political campaigns and other efforts to support particular candidates, California’s top oligarchs and their allies make significant donations to other political action committees (PACs). These PACs often then use those funds to contribute to various political campaigns.
Listed below are the major contributions ($100K+) made by Abbott Laboratories to PACs that have contributed to current state-level elected officials, as well as all $10K+ contributions made to current state-level elected officials. Although these contributions were not made directly by Abbott Laboratories to the elected official, they reflect potential indirect financial ties that can also result in political influence.
Along with contributing directly to political campaigns, California’s top oligarchs and their allies make significant donations to other political action committees (PACs) that oppose various political campaigns.
Listed below are the major contributions ($100K+) made by Abbott Laboratories to PACs that have opposed current state-level elected officials, as well as all $10K+ contributions made in opposition to current state-level elected officials.
Although these contributions were not made directly by Abbott Laboratories to oppose to the elected officials, they reflect potential indirect financial influence.
Pharmaceutical Research and Manufacturers of America California Initiative Fund: OPPOSED: PROP 79 - PRESCRIPTION DRUG DISCOUNTS. STATE-NEGOTIATED REBATES. | SUPPORTED: PROP 78 - PRESCRIPTION DRUGS. DISCOUNTS.
$7.9 million
California Republican Party
$525.8k
No on 37: Coalition Against the Deceptive Food Labeling Scheme, Sponsored by Farmers, Food Producers, and Grocers: OPPOSED: PROPOSITION 037 - GENETICALLY ENGINEERED FOODS. MANDATORY LABELING.
$494.5k
Pharmaceutical Research and Manufacturers of America IEC
$450.6k
Californians for Jobs and a Strong Economy
$258.4k
Democratic State Central Comm of Calif.
$240.3k
No on 24 -Stop the Jobs Tax, a Coalition of Taxpayers, Employers, Small Businesses, Educators, and High Tech and Biotechnology Organizations: OPPOSED: PROPOSITION 024 - REPEALS RECENT LEGISLATION THAT WOULD ALLOW BUSINESSES TO CARRY BACK LOSSES, SHARE TAX CREDITS, AND USE A SALES-BASED INCOME CALCULATION TO LOWER TAXABLE INCOME.
$155.1k
