Abbott India Company Profile: Products, Promoters and Clients

Question 1: What are the products and services of Abbott India?

Abbott India, a part of Abbott, a big healthcare company, is a top pharmaceutical company in India. They offer many healthcare products and services to help people live better lives. Here are the products and services they provide:

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1- Pharmaceuticals

• Therapeutic Areas: Abbott India sells many different types of medicines for different health problems.
• Gastroenterology: Medications for stomach problems like irritable bowel syndrome, acid reflux, and ulcers.
• Women's Health: Products addressing conditions like menopause, hormonal imbalances, and osteoporosis.
• Cardiology: Drugs for managing heart conditions such as hypertension, cholesterol, and heart failure.
• Diabetes Care: Medications for the management of type 1 and type 2 diabetes.
• Neurology: Treatments for neurological conditions like epilepsy and Parkinson’s disease.
• Respiratory: Products for asthma, chronic obstructive pulmonary disease (COPD), and other respiratory conditions.
• Anti-Infectives: Antibiotics and antiviral medications to treat various infections.

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2- Nutritional Products

• Adult Nutrition: Supplements and nutritional products aimed at enhancing adult health and wellness, including brands like Ensure and Glucerna.
• Pediatric Nutrition: Nutritional products for infants and children, such as Similac, are designed to support growth and development.
• Specialized Nutrition: Products catering to specific health needs, such as those for individuals with specific dietary restrictions or medical conditions.

3- Diagnostics

• Blood Glucose Monitoring: Devices and systems for monitoring blood glucose levels, including the FreeStyle range of products.
• Diagnostic Equipment: Various diagnostic tools and equipment are used in clinical settings to diagnose health conditions accurately.

4- Medical Devices

• Cardiac Devices: Products such as pacemakers and implantable cardioverter-defibrillators (ICDs) are used in the treatment of heart conditions.
• Vascular Devices: Devices like stents and catheters used in vascular surgeries and treatments.

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5- Patient Support Programs

• Abbott India helps patients stick to their treatment plans by offering support programs. These programs give patients educational resources and help them get their medications.

6- Healthcare Professional Training

• The company trains healthcare professionals to keep them updated on the newest treatments, technologies, and best practices in patient care.

7- Research and Development

• Abbott India invests in research and development to create new products for patients and healthcare providers. They conduct clinical trials and research projects to meet changing needs.

8- Healthcare Solutions

• Abbott provides complete healthcare solutions that combine tests, medicines, and medical tools to give all-around care to patients.

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Question 2: Who are the promoters of Abbott India?

The promoter groups of Abbott India are Abbott Capital India Limited, Abbott Healthcare Products Limited and British Colloids Limited (trendlyne).

Munir Shaikh is the chairman of the company and joined Abbott in 1968. He is a fellow of the Institute of Chartered Accountant in English and Wales.

Swati Dalal is the managing director of the company. She is an experienced leader in Abbott and joined it in 1995 as a Product Manager in Abbott India Limited (AIL). In April 2020, she was promoted as General Manager for Abbott’s India Nutrition business. 

She holds a pharmacy degree from P.K.M. Kundnani College of Pharmacy in Mumbai and a post-graduate degree in Management Studies from the Jamnalal Bajaj Institute of Management Studies in Mumbai.

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Written By Annu Seepal