Hospira

Hospira was a global pharmaceutical and medical device company based in Lake Forest, Illinois, with around 19,000 employees. Founded in 1936, the company initially focused on intravenous solutions and expanded into electronic drug delivery systems in the mid-1970s. After spinning off from Abbott Laboratories in 2004, Hospira pursued growth through strategic acquisitions, including Mayne Pharma Ltd. in 2007. Hospira operated in several key segments, including specialty pharmaceuticals, infusion therapy, medication management systems, contract manufacturing, and biosimilars. The company was a leader in generic injectable drugs and advanced delivery systems, with a strong presence in the biosimilars market. Hospira's products were utilized in over 400 hospitals across the U.S. and served multiple regions worldwide, including the Americas, Asia-Pacific, and Europe, Middle East, and Africa.