Abbott

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About Abbott

Founded in 1888, by a young Chicago based physician, Dr. Wallace Calvin Abbott, the organization has been devoted to discovering new medicines, new technologies and new ways to manage health. Today, Abbott is a worldwide broad based healthcare company whose products and technologies span the continuum of care - from diagnostics to devices, from nutrition to pharmaceutical therapies. Our comprehensive line of products encircles life itself - addressing important health needs from infancy to the golden years.Abbott is known for its innovative products and a commitment to applying leading edge science and technologies to advance patient care. Our product and services are designed to maintain our reputation for high quality and optimal performance Abbott has sales, manufacturing, research and development, and distribution facilities around the world, close to where our customers need us to be.

Fast Facts:
Chairman and CEO: Miles D. White Corporate Headquarters: North suburban Chicago, Illinois,US Number of Employees: Approximately 70,000 worldwide Revenue: INR 121,000 Crores 2012 Income after tax: INR 31,500 Crores Presence: 150+ countries

Abbott India Limited
Key People
Rehan A Khan - Managing Director Rajiv Sonalker - Director Finance Rumy Kanga - Group Marketing Director Nagina Singh - HR Director

Abbott India Limited is one of India's fastest growing pharmaceutical companies and part of Abbott's Global Pharmaceutical business in India. Headquartered in Mumbai, Abbott India Limited, a publicly listed company and a subsidiary of Abbott Laboratories, enjoys strong brand equity in multiple therapeutic categories such as Women's Health, Gastroenterology, Neurology, Thyroid, Diabetes & Urology, Pain Management, Vitamins, Anti-Infectives & other therapy areas. Abbott India Limited's success is driven by a combination of a highly competent and motivated commercial team, R&D backed products, aided by strong alliances and partnerships. Abbott India Limited employs over 2,600 people and reaches customers through a wide network of 35 distribution points, catering to over 4,500 stockists and 150,000 retail outlets. The company has over 100 employees at a state-of-the-art formulation plant at Verna, Goa. The manufacturing plant is designed to produce high quality, high volume formulations using cost efficient processes and has well equipped laboratories and trained personnel to ensure compliance with international quality standards. The company has in-house development and medical teams to undertake product and clinical development tailored to needs of the Indian market. Abbott India Limited believes in providing quality healthcare through a mix of global and local products which directly affect the life of the common Indian

Some of the Products
1. Digene continues to be # 1 prescribed Antacid with over 5.5 million prescriptions annually. Approximately 29,000 doctors prescribe Digene every month. 2. Duphaston maintained its # 1 position in its segment (Progestogen and similar combinations) and is a Top 50 brand in IPM. 3. Thyronorm was ranked 8th in IPM in December 2012. 4. Vertin jumped 13 positions from 112 in January'12 to 99 in November 2012 and entered the Top 100 brands in IPM. 5. Zolfresh moved to #2 in the Extended Sleep Market, jumping 234 positions in a span of 2 years. 6. Digecaine has become the # 3 brand (Antacid + Local Anaesthetic) in a span of 2 years.

Honors & Awards.
1. Awarded Frost & Sullivan "MNC Pharmaceutical Company of the Year" For the third consecutive year for 2013 2. Awarded Frost & Sullivan "MNC Pharmaceutical Company of the Year" For the second consecutive year for 2011 3. Certificate of Marketing excellence from IPHMR in collaboration with CMARC for Resurgence in Thyroid Market in India in Dec 2012 4. "Best Corporate Social Responsibility Initiative by a Brand/Service." Recognition at the RMAI (Rural Marketing Association of India) Awards in Jan 2013

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