Abbott India Ltd - Company Profile
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Business Description
Abbott India Ltd (Abbott India) discovers, develops, manufactures, and markets generic pharmaceutical products. The products find use in the treatment of gynecological, gastroenterological, urological and neurological diseases, diabetes, pain and infection, central nervous system (CNS) disorders, metabolic disorders, neonatal diseases and anesthetic conditions.
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R&D Overview
Abbott India undertakes medical research to improve patient care and bridge the gap between treatment guidelines and real-life clinical practice. The company’s major projects include studies evaluating its thyroid portfolio, vertigo therapy, constipation therapy and vaccine therapy. In FY2023, the company carried out eight clinical studies and published 18 medical articles. In FY2023, the company spent INR8.8 million on its R&D activities, which as a percentage of revenue stood at 0.02%.
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