Total Revenue amounted to Rs,3,792 Crore, recording a growth of 10.7% over the previous year. 2018 was a year of resilience and successful strategic planning. We sincerely thank Mr Shah for his support and guidance and wish him good health and all the best in the future. Mr R A Shah, who was associated with the Company for over 35 years, retired on Maupon completion of his term. Today, your Company leads from the front in multiple therapeutic categories such as Women’s Health, Gastroenterology, Metabolics, Pain Management, Central Nervous System and Vaccines.Īs we embark on a new journey, we welcome Mr Sudarshan Jain and Mr Mark Murphy II who have recently joined our Board of Directors. Your Company has consistently fulfilled its objectives, with significant breakthroughs on a long list of strategic initiatives. Your Company has been steadily achieving its vision of helping people in India live healthier lives through innovative, high-quality and trusted products, backed by expert clinical support. The merger of Solvay Pharma India into the Company provided an expanded range of healthcare products and a significant impetus to its growth. The Company’s position as a global pharmaceutical company with a strong presence in India was enhanced through increased sales, better pharmaceutical research and development, and solid commercial grounding. The Company incorporates the legacies of great organizations such as Boots, Knoll and then Abbott since 2001. Its growth trajectory has been sharp, with several milestones. This milestone is an occasion to celebrate, to reflect on the past and an opportunity to chart the future.Ībbott India is one of the oldest and most respected healthcare companies in India. Your trust has been inspirational and instrumental in shaping our success over all these years. On behalf of the entire Board, I would like to express my sincere gratitude to all of you - our dear shareholders, employees and business partners, for your constant support through the decades and for being part of our path-breaking journey. On August 22,2019, your Company completes 75 years of its remarkable existence.
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