Abbott is a global healthcare leader that develops life-changing medical devices, diagnostics, nutritional products, and branded generic medicines. Operating in over 160 countries, its largest and most profitable business segment is Medical Devices, which accounts for approximately $19 billion in annual sales. [1, 2]
In India, Abbott has a massive and localized presence, having operated in the country since 1910. Headquartered in Mumbai, its publicly listed arm, Abbott India Limited, is one of the nation's fastest-growing pharmaceutical companies, producing and distributing over 600 health products. [1, 2, 3]
