Dr. Wallace Calvin Abbott was born in Bridgewater, Vermont on October 12, 1857. His early education was obtained at the State Normal School, Randolph, VT; the St. Johnsbury Academy, St. Johnsbury, VT; and Dartmouth College, Hanover, N.H. He worked his way through the University of Michigan, earning his degree of Doctor of Medicine in 1885. The following year he engaged in the practice of medicine in Chicago, building up a large practice on the North Side. It was during that time that Abbott established The Abbott Alkaliodal Company, now known as The Abbott Laboratories. Abbott died July 4, 1921.