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Abbott India Annual Analysis - Sustainable Performance Gaining Market Share: Axis Securities

Abbott India Annual Analysis - Sustainable Performance Gaining Market Share: Axis Securities

The Abbott logo stands outside one of its facilities. (Photographer Tim Boyle/Bloomberg)
The Abbott logo stands outside one of its facilities. (Photographer Tim Boyle/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Axis Securities Report

Abbott India Ltd. outpaced the Indian pharma market revenue growth by 100 basis points in FY21.

This was largely on account of the addition of 15 new products in therapeutic areas such as gastroenterology, central nervous system, metabolics and consumer health.

The company has a leadership position in nine brands out of the top 10 in their respective therapies.

Abbott India’s strategy of going digital and services beyond-the-pill have been key differentiators and game-changers for the company.

Furthermore, its relentless endeavour to move from awareness to compliance to lifestyle modification has resulted in its success over the years.

Click on the attachment to read the full report:

Axis Securities Abbott-India Annual Analysis.pdf

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