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Company Particulars
Mfr DSCode ABH
Company Abbott Healthcare (Piramal)
Address Plot No. 349
Western Express Highway
Andheri (East)
Mumbai 400069, India
City Mumbai
Phone +91-22-56754132
Fax +91-22-56790468
Web Site http://www.abbott.com


About Abbott Healthcare (Piramal)
Abbott announced a definitive agreement with Piramal Healthcare Limited to acquire full ownership of Piramal's Healthcare Solutions business (Domestic Formulations), a leader in the Indian branded generics market, for an up-front payment of $2.12 billion, plus $400 million annually for the next four years, giving Abbott the No. 1 position in the Indian pharmaceutical market. This further accelerates Abbott's emerging markets growth following the recent acquisition of Solvay Pharmaceuticals and announcements last week of Abbott's collaboration with Zydus Cadila as well as the creation of a new stand-alone Established Products Division to focus on expanding the global markets for its leading branded generics portfolio.
Please consult your physician for before taking any medicine. Discussions on the merits and demerits of the different medicines is beyond the scope of this site.

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