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Report on Abbott Laboratories

Report on Abbott Laboratories - Current Market Situation...

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Current Market Situation: The market size of phrama industry of Pakistan is worth of $550 million. In Pakistan, Pharma industry consist of both local and multinational companies, local industry has 59% market share, while multinational companies has 41% market share. Local pharma industry fulfilled about 70% of country’s demand, however Pakistan exports pharmaceuticals of about $100 million, and they are expecting that exports would be $500 million dollar in 2013. Abbott laboratories Pakistan achieved the sales target of Rs. 10 billion in 2010, according to financial statement their sales increases by 18 %, gross profit also increases by 7% as compared to last year, and their market share is 6.1% of the industry. Competitive Situation: Currently Abbot Pakistan is manufacturing these types of products: Tablets Liquids/Syrups/O.R.S Inject-able Creams/Ointments Main Products are Multivitamins Antibiotics Anti Inflammatory Cough and Cold Haematincs Anesthetics Analgesics Anti Arthritic Antacid Anti B.P.H Anti Epileptic
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