Abbott India: Brief Overview and popular brands

Abbott

Abbott Lab- Brief introduction

Abbott Laboratories is one of the largest providers and manufacturers of medical devices and healthcare products. It has its headquarter in Abbott Park, Illinois, USA.

Abbott Laboratories, a subsidiary of Abbott Pharmaceuticals, Inc., is a leader in the development, manufacture, and sale of pharmaceuticals and medical devices. It is a pioneer in the research and development of new products and services for the health and well-being of people worldwide. The company has a reach in 160+ countries, and 103K employees worldwide. (logo rights reserved with Abbot Laboratories)

About Abbott India Limited

It is India’s fastest-growing pharmaceutical company. The company is helping India to live a healthier life since 1910. Abbott offers a diverse range of products, including diagnostic tools, nutritional products, branded generic pharmaceuticals, and vascular/diabetes devices. Abbott India Limited has its headquarters in Mumbai. It is a subsidiary of Abbott Laboratories and publicly listed.

The range of medicines includes primary care, women’s health, cardiology, gastroenterology, metabolic disorders, and so on.

Abbott India: Board of Directors

  • Munir Shaikh – Chairman
  • Anil Joseph – Managing Director
  • Anisha Motwani – Independent Director
  • Sudarshan Jain – Independent Director
  • Shalini Kamath – Independent Director
  • Ambati Venu – Non-Executive Director
  • Kaiyomarz Marfatia – Non-Executive Director
  • Rajiv Sonalker – Whole-time Director
CategoryBrands
ANTI-INFECTIVESAzro
BACTRIM
Cefi/Cefi-XL
CEFIRONE
CELEX OD
Cerom
CETRIMIDE
Finecef
FLAGYL
GENTICYN
Megamox
MEROPLAN
Nupod
PARAXIN
TAZIRA
Zidime
Zimnic

Therapeutic Categories:
Abbott offers formulations in various therapeutic areas, such as neuro-Psychiatric, pain management, respiratory women health, hepatic, neuroscience, metabolic, vaccine, gen-next, consumer care, and gastroenterology.

Brands:
The brands associated with the company are Similac, Pediasure, Pedialyte, Elecare, zone perfect, Ensure, FreeStyle Libre, and Glucerna.

BrandCompositionDetails
ACTRAPIDINSULIN HUMAN BASE RECOMBINANTActrapid Dosage & Drug Information | MIMS Malaysia
CREMAFFIN PLUSMAGNESIUM HYDROXIDE + PARAFFIN OIL + PICOSULFURIC ACID DISODIUMCremaffin Plus Syrup - Uses, Side Effects, Dosage, Price - JustDoc
DUPHASTONDYDROGESTERONEDuphaston 10mg - Drugstore Nigeria Online Pharmacy | Drugstore: Online  Pharmacy | Buy Drugs, Medicines and Medical Equipment in Nigeria
EPTOINPHENYTOIN SODIUM SALTEptoin ER 300 mg Tablet (30 Tab): Price, Overview, Warnings, Precautions,  Side Effects & Substitutes - ABBOTT HEALTHCARE PVT LTD | SastaSundar.com
INFLUVACVACCINE, INFLUENZA INACTIVATEDInfluvac Vaccines, 25 mL, Packaging Size: 1*1, Packaging Type: Vial, Rs 600  /unit | ID: 20078274712
KENACORTTRIAMCINOLONE ACETONIDEKenacort Liquid Triamcinolone Acetonide Injection IP, For Clinical, 1 Ml,  Rs 67 /unit | ID: 15429986962
LOBATE-GM NEOCHLOROCRESOL + CLOBETASOL PROPIONATE + MICONAZOLE NITRATE + NEOMYCIN SULFATELobate-GM Neo Cream: View Uses, Side Effects, Price and Substitutes | 1mg
MIXTARDINSULIN HUMAN BASE RECOMBINANT + INSULIN HUMAN ISOPHANE RECOMBINANTImage of mixtard 30 penfill | MIMS Malaysia
NOVO RAPIDINSULIN ASPART RECOMBINANTBuy Novorapid Penfill Online India | Our Price 2350 INR | Anti Diabetic |
NOVOFINEDISPOSABLE MEDICAL DEVICESNovofine Plus 32G 4mm Pen Needles x 100 - SuperPharmacyPlus
NOVOMIXINSULIN ASPART PROTAMINE CRYSTALLINE RECOMBINANT + INSULIN ASPART RECOMBINANTNovomix 30 Penfill 100 IU Inj 3 ml Cartridge (5 Pcs): Price, Overview,  Warnings, Precautions, Side Effects & Substitutes - ABBOTT INDIA LIMITED  (NOVO NORDISK) | SastaSundar.com
PHENSEDYL COUGHCHLORPHENAMINE MALEATE + CODEINE PHOSPHATEPHENSEDYL - DX Cough Syrup Review in Hindi , Uses , Dosage , Benefits ,  Side Effects , Price , Salt - YouTube
RYZODEGINSULIN ASPART RECOMBINANT + INSULIN DEGLUDEC RECOMBINANTRyzodeg Insulin Degludec/Insulin aspart, Novo Nordisk India Ltd, 3ml In 1  Penfil, Rs 1000 /penfil | ID: 22457548991
STEMETILPROCHLORPERAZINE DIMALEATEStemetil MD Tablet: View Uses, Side Effects, Price and Substitutes | 1mg
THYRONORMLEVOTHYROXINE SODIUMThyronorm (Thyroxine ) Tablet, Dosage: As Directed By Physician,  Hypothyroidism, Rs 150 /unit | ID: 11048678573
UDILIVURSODEOXYCHOLIC ACIDUdiliv 450mg Tablet 10'S - Buy Medicines online at Best Price from  Netmeds.com
VERTINBETAHISTINE HYDROCHLORIDEBetahistine 8mg Vertin Tablet, Packaging Size: 10 X 15 Tablets, Rs 93  /strip | ID: 21905277362

Market Performance:
In 2019, the worldwide sales of the company were $31.9B, with organic sales growth 33%. The adjusted earnings per share per growth was 12.5%. Abbott India Ltd. key Products/Revenue Segments include Injectables which contributed 40.97 % of Total Sales, Tablets which contributed 38.64 % of Total Sales, Liquids which contributed 13.93 % of Total Sales, Capsules which added 3.54 % of Total Sales, Service Income which added 0.59 % of Total Sales, and Ointments which added 0.43 % of Total Sales. It reported a standalone revenue of $1.1 billion, or $0.01 per share (quarter ended March 31, 2020). Revenue of about $2.2 billion is reported for the first quarter of 2019.

Incorporates in the Year:

2016:

  • Abbott has been awarded the Shingo Prize for operational excellence. 

2017:

  • The company was named among the top 10 businesses on Fast Company’s list.
  • National Association for Female executive has named Abbott as the top company for executive women.

2019:

  • Listed as number 158 on the Forbes Global 2000 list of the world’s largest companies based on revenues.

Contact Details:
CORPORATE OFFICE
16th Floor, Godrej BKC,
Plot – C, “G” Block,
Bandra-Kurla Complex,
Bandra (East), Mumbai – 400 051
India
Tel:  +91-22-5046 1000 / 2000
Fax: +91-22-5016 9400

References

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