Current Report · Items 7.01, 8.01, 9.01 · 8-K
Abbott Laboratories
ABTNYSEEQUITYCurrent
Regulation FD Disclosure · Other Events
Item 7.01 Regulation FD Disclosure. On August 20, 2026, Abbott issued a press release announcing the settlement of a portion of its litigation involving its specialty formulas for preterm infants. A copy of the press release is furnished hereto as Exhibit 99.1 and is incorporated herein by reference.…
Filed Aug 20, 2026Accepted Aug 20, 2026, 4:33 PM EDTCIK 1800Accession 0001104659-26-099247
Company context
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 122,000 colleagues serve people in more than 160 countries. Connect with us at www.abbott.com, and on LinkedIn, Facebook, Instagram, X and YouTube.
Current securities
Disclosure sections
Items 7.01, 8.01, 9.01Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
On August 20, 2026, Abbott issued a press release announcing the settlement
of a portion of its litigation involving its specialty formulas for preterm infants. A copy of the press release is furnished hereto
as Exhibit 99.1 and is incorporated herein by reference.
The information contained in this Item 7.01, including Exhibit 99.1,
is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934,
as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration
statement or other filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference to
such filing.
Item 8.01Item 8.01 - Other Events
Item 8.01 Other Events.
As previously reported in Abbott’s Annual Report on
Form 10-K for the fiscal year ended December 31, 2025 and its Quarterly Report on Form 10-Q for the quarterly period ended
June 30, 2026, Abbott is a defendant in numerous lawsuits alleging that preterm infants developed necrotizing enterocolitis
(“NEC”) as a result of being administered certain of Abbott’s preterm infant formula products. In a July
2024 Missouri state court trial, a jury awarded a plaintiff (“Gill”) $495 million in damages, which Abbott
appealed to the Missouri Court of Appeals in December 2024. The Missouri Court of Appeals affirmed the Gill verdict
in May 2026. On August 20, 2026, rather than continuing to appeal or paying approximately $600 million (representing the Gill judgment plus accrued interest to date), Abbott entered into agreements to resolve the Gill lawsuit as well as NEC claims
asserted on behalf of approximately 2,000 additional infants for an aggregate amount of approximately $670 million. These agreements
are a compromise of disputed claims and not in any way an admission of liability. While Abbott remains confident in the safety of
these products and the science supporting them, the company believes these agreements are in its best long-term interest and
represent a constructive step toward substantially resolving the overall litigation.
Following these agreements, there are approximately 1,700 lawsuits
pending in federal and state courts involving claims on behalf of approximately 12,700 individual infants. That population includes
claims on behalf of individuals who named both Abbott and Mead Johnson as defendants without identifying which manufacturer’s formula
was administered, who were diagnosed with NEC before receiving any formula, who were never diagnosed with NEC, and who appear in multiple
lawsuits in different jurisdictions. Abbott continues to work to identify and eliminate such claims and others like them.
Filed exhibits (1)
EX-99.1 (by filename) tm2623675d1_ex99-1.htmEX-99.1
2
tm2623675d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
Abbott reaches agreements to resolve
a portion of litigation involving its specialty formulas for preterm infants
Agreements
will resolve the Gill case and claims involving approximately 2,000 other individuals
Abbott
and the medical community stand by the safety of preterm infant formulas
Regulators
and medical professionals recognize that these products are safe and necessary, and there
is no reliable scientific evidence that they cause necrotizing enterocolitis
ABBOTT PARK, Ill., Aug. 20, 2026 -
Abbott has reached agreements with three law firms to resolve the Gill case and claims involving approximately 2,000 other individuals
relating to the company’s specialty formulas for preterm infants.
In July 2024, a St. Louis jury
awarded the plaintiff in the Gill case $495 million in damages. Abbott appealed the verdict to the Missouri Court of Appeals
in December 2024, but the appeal was denied. Rather than continuing to appeal or paying approximately $600 million, representing the Gill judgment
plus accrued interest to date, Abbott entered into agreements to resolve the Gill case as well as necrotizing …
Open exhibit ↗