Yes, ALBUTEROL is a Scrabble word!

Letter values in Scrabble US: A 1, L 1, B 3, U 1, T 1, E 1, R 1, O 1, L 1.

Is it a valid word?

ALBUTEROL is a valid word in the official Scrabble dictionary (US) and the UK Scrabble Dictionary, but not in Words with Friends (ENABLE).

a bronchodilator (trade names Ventolin or Proventil) used for asthma and emphysema and other lung conditions; available in oral or inhalant forms; side effects are tachycardia and shakiness

Not playable in Scrabble US: VENTOLIN, PROVENTIL.