Abbott India

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Margins to remain healthy on the back of cost-saving measures

A portfolio of richly valued RoE stocks is expected to outperform the broader market over the longer term.

Analysts expect double-digit growth for pharma major even if Q1 disappointed

Abbott on Tuesday said it has tied up with health-tech firms like BeatO, Sugar.fit, PharmEasy, GOQii, 1MG and Zyla for diabetes care

New launches, power brands, digital initiatives to keep it ahead of peers

Drug major Abbott on Tuesday said it has launched room-temperature-stable, single-dose formulation of carbetocin in India to help in the prevention of postpartum haemorrhage (PPH)

Global healthcare firm Abbott on Wednesday said it has received approval from the Drugs Controller General of India (DCGI) for its once-a-day formulation, Ivabradine, used for treatment of chronic heart failure and chronic stable angina. The company plans to launch Ivabradine prolonged release tablets in the Indian market in the coming weeks, Abbott said in a statement. This formulation will be more convenient for patients, which will help facilitate treatment adherence with the aim to improve health outcomes, it added. The formulation has been developed at Abbott's innovation & development (I&D) centre in Mumbai, the statement said. "Adherence to therapy is a critical factor to maximize the overall health of people with chronic heart failure or chronic stable angina. We have used the best technology and science to develop this new dosage formulation," Abbott Regional Medical Director Balagopal Nair said. The convenient once-a-day formulation will help improve overall ...

The recent high of 11,794 would continue to act as strong resistance for the Nifty

The company outperformed most of its peers with a 6 per cent growth in revenues and a 450 basis points y-o-y expansion in operating profit margins

This sharp recovery could end up being a dead cat bounce, as the trend-line support which was recently broken could act as a resistance at 11,250

All that happened in the markets today

The eligibility of stock inclusion in the derivatives / F&O segment is based on the criteria laid down by market regulator Sebi.

Upsides are limited for the stock, which has gained over 90% in a year

Despite the muted result and near term worries, the multinational drug major, India's second largest by market share is expected to post strong growth led by power brands and new launches

Revenue from operations stood at Rs 961.20 crorefor the quarter under consideration as against Rs 906.31 crore for the same period year ago

Abbott Laboratories is unveiling a COVID-19 test that can tell if someone is infected in as little as five minutes

The company had posted a profit of Rs 137.68 crore for the year-ago period, Abbott India said in a filing to BSE

Abbott India had reported a 42 per cent year-on-year (YoY) jump in net profit at Rs 117 crore for Q1FY20.

Incremental growth to be led by new launches, expansion into new therapies