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February 11, 2016 1:07 PM ET

Pharmaceuticals

Company Overview of Abbott Healthcare Private Limited

Company Overview

Abbott Healthcare Private Limited develops nutritional products, laboratory diagnostics, medical devices, and pharmaceutical therapies. The company develops products in areas, such as antibiotic, respiratory, gastro, dermat, nutritional, parenteral, anti parasitic, gyne, ophthalmology/otolaryngology, anti cancer, cardiac, anti diabetic, psychiatry, NSAIDS/pain, hormonal, anti parasitic, and stomatologicals. It produces formulations and dosage forms, such as tablets, which include uncoated and coated (film and sugar coated); hard gelatin capsules filled with granules, powders, pellets, and tablets; soft gelatin capsules; liquid orals, syrups, and suspensions; topicals, which include lotions a...

1st Floor, D Mart Building

Goregaon Mulund Link Road

Mulund (West)

Mumbai,  400 080

India

Founded in 1997

Phone:

91 22 3953 6666

Fax:

91 22 3953 6665

Key Executives for Abbott Healthcare Private Limited

Chairman of Abbott Laboratories and Chief Executive officer of Abbott Laboratories
Age: 60
Compensation as of Fiscal Year 2015.

Abbott Healthcare Private Limited Key Developments

Crime Investigation Department Registers Case against Abbott Health Care Pvt Ltd for Smuggling INR 576 Million Worth Cough Syrup into Bangladesh

Crime Investigation Department has registered a case against Abbott Health Care Pvt Ltd. and their associates for smuggling INR 576 million worth cough syrup containing narcotic components into Bangladesh using fake bills. Based on an alert by customs sleuths based in Shillong six months ago, the Drugs Control Administration (DCA), Telangana, launched a probe after 5,100 bottles of Phensedyl cough syrup were seized by the customs sleuths while being smuggled into Bangladesh. The batch numbers on the seized cough syrup bottles indicated that they were supposed to be marketed in Nizamabad. According to director of DCA, Telangana, Akun Sabharwal, Phensedyl syrup contains the narcotic compound codeine (isolated from opium) and it was being used for substance abuse in Bangladesh, where sale of alcohol is prohibited. The DCA registered nine cases against Abbott health Care Pvt Ltd. and others. As they have no power to book cases under the NDPS Act or arrest the accused, the DCA has lodged a complaint with the CID, Telangana. Based on the details submitted by DCA, the CID sleuths registered a case under sections 8, 21, 22 & 29 of the NDPS Act and sections 468 (forgery for the purpose of cheating) and 471 (using as genuine a forged document) of the Indian Penal Code (IPC) June 8, 2015.

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Recent Private Companies Transactions

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