Dr. Wallace C Abbott founded Abbott Pharmaceuticals in 1888 and has been named to Fortune's Most Admired Companies list 30 times. Abbott combines pharmaceutical rigor, nutritional science and leading-edge technology. Similac infant milk powder, which was successfully launched in 1927, was approved by the FDA and sold well in the United States for nearly 100 years, occupying the main market in the United States with Mead Johnson. Infant nutrition is a global leader and the first to add iron to infant formula. Abbott SimilacNeoSure Premature Infant Milk Powder is a recommended brand for hospitals in the United States to support physical and brain development, improve lean body tissue, aid in fat digestion, and aid bone growth.