Abbott India

About Abbott India Limited

Abbott India Limited, established on 22nd August, 1944, is a subsidiary of Abbott Laboratories. The original Laboratory was founded by Dr. Wallace Calvin Abbott, who was a young physician from Chicago in the year 1888, is a famous company in the healthcare industry. This healthcare company aims at transforming science to care.

Over decades, the company has been involved in the advancement of public healthcare and has emerged as a diversified company that invents, develops, manufactures as well as markets new and updated products. Abbott has always made the inhabitants of the country feel their strong presence in the healthcare sector, especially in the fields of metabolics, neuroscience and hospital care. Be a newborn or an adult, the company is committed towards all as far as healthcare is concerned. This healthcare company leads the healthcare industry with their expertise in the therapeutic care areas like pain care and gastroenterology. The success of Abbott India is backed by its team of skilled, committed and competent people. Apart from being aided by partnerships and alliances, this company is based on value based management.

With a strong network of 70, 000 retailers, 11, 000 stockists and 18 distribution points, Abbott India Limited has got significant command over the market and brand equity. The formulation plant of the company is located at Verna in the state of Goa. Its manufacturing units are specially designed for the production of high volume quality formulations through cost effective processes. The well trained personnel of the company ensure the maintenance of international quality standards at each and every step of production. Apart from that, this company of India has even got medical teams, who undertake clinical development and product development based on the requirements of the domestic healthcare market.

Products and Services of Abbott India Limited

With a huge array of products and services ranging from national to international standard, Abbott India spans the gamut of care from prevention to cure as well as from diagnosis to treatment. These varied products supported by quality research and development as well as science serve the necessities of the Indian consumers. Apart from the local brands like Cremaffin, Digene, Epilex, Obimet and Zolfresh, this company of India has even introduced the following global products to the national market:

• Brufen
• Ganaton
• Leptos
• Prothiaden
• Sevorane
• Thyronorm

Survanta, one of the pioneering products of Abbott helps infants. To name a few of the other products of the company are Betonin AST, Brufen Junior, Betonin XT, Brufen MR, Brugel, Brufen Softra, Clivarine, Cremaffin Plus, Cremadiet, Cremalax, Digene Total, Entamizole Plus, Ensure, Epilex Chrono, Eptoin Injection, Eptoin, Forane, Ganaton Total, Ganaton, Ganaton OD, Hytrin, Klacid I. V., Kinetone Advance, Lucrin Depot, Nausidome, Obimet, Obiglo MD, Optium, Obimet - GX, Prothiaden, Pediasure, Protussa, Rex - XR, Revilife, Sevorane, Surbex XT, Surbex Gold, Survanta, Thyrocab, Thyrowel, Thyronorm, Ulcikit, Zonicare and Zyrem.

In India, this company offers healthcare solutions with the help of its four major business units, which are mentioned below:

• Hospital Care: Manufactures healthcare products related to neonatology and anesthesiology.
  
  
• Primary Care: Deals with the manufacturing and marketing of products related to gastroenterology and pain management.
  
  
• 1st Specialty Care: Besides urology and metabolics, this unit takes care of the healthcare areas of Benign Prostratic Hyperplasia, Diabetes, Obesity and Thyroid.
  
  
• 2nd Specialty Care: This special unit deals with neuroscience.

Latest Business Status of Abbott India Limited

As per the un-audited financial result of the latest quarter that ended on 30th September, 2011, Abbott India Limited has registered an income of around INR. 40, 216 lakhs from that of INR. 24, 990 lakhs in the same quarter of the financial year 2010. The net profit for this last quarter has increased to INR. 4, 363 lakhs from INR. 2, 390 lakhs, which was the net profit of the quarter ended 30th September, 2010. The total expenditure for the same period has increased from INR. 35, 069 lakhs from INR. 22, 048 lakhs though.

Head Office Address of Abbott India Limited

The head office of the Abbott India Limited is situated at the address provided below. The below mentioned details even includes the contact telephone number as well as the contact e-mail address of that corporate office:

• 3 – 4, Corporate Park
  Sion - Trombay Road
  Chembur, Mumbai - 400 071
  Maharashtra, India.
  Tel.: + 91 - 022 - 67978888
  E-mail: [email protected]
  
  

Last Updated on 12/5/2011

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