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ABBOTT PAKISTAN2014 ANNUAL REPORTNUTRITION: WORLDWIDE LEADER IN NUTRITIONWe offer science-based nutrition products for every stage of life - from infant and pediatric to adult healthyliving and therapeutic nutrition. Our products include leading consumer brands like Similac, Ensure,Glucerna and PediaSure - as well as specialty products that help meet the nutritional needs of people with avariety of health conditions, such as cancer, diabetes, kidney disease and osteoporosis.DIAGNOSTICS: PIONEERING MEDICALDIAGNOSTICSOur innovative instrument systems and tests help monitor arange of health conditions with speed, accuracy and efficiency.From automated immunodiagnostics systems and bloodanalyzers to sophisticated molecular diagnostics and point-ofcare devices, our technologies provide health care professionalswith information they need to make the best treatment decisions.DIABETES CARE: BETTER OPTIONS ANDIMPROVED OUTCOMESAbbott Diabetes Care is committed to develop products to reducethe discomfort and inconvenience of blood glucose monitoring;introducing systems that are easier to use, require less blood andprovide faster results. We design, develop and manufacture severalleading-edge glucose monitoring systems and test strips for use inboth home and hospital settings.19

ABBOTT PAKISTAN2014 ANNUAL REPORTESTABLISHEDPHARMACEUTICALSTRUSTEDBRANDS INGROWINGMARKETThanks to a trusted medicine that helpedhim take control of his life, Adam binTahir is better able to relax and enjoythe things - and the people - that reallymatter to him.20EPIVAL

ABBOTT PAKISTAN2014 ANNUAL REPORTAdam BinTahirHello I am Adam and I want to share with you mySince then I have not only improved but I have alsostory. I am 19 years old; I had my right side brainmade some marvelous achievements in computerdamaged at birth. I have weakness on my left sidegraphics, drama, speech competition and scouting,including my hand, eye, ear and leg. I was regarded asrequiring above average mental performance andan abnormal child.creativity.I had partial seizures that became generalized laterI am thankful to Abbott for adding quality and colorson. I was put on Abbott’s Epival by my physician atto my life.the age of 5. I am using it from the last 14 years.21

ABBOTT PAKISTAN2014 ANNUAL IESTO MAKE ADIFFERENCEAs the Economy expands, people havemore resources to devote to healthcareand, increasingly, more choices in how thatmoney is spent. When given that choice,they look for the promise of quality andefficacy that Abbott’s pharmaceutical brandsrepresent.With a wide range of products Abbott is ina position to offer patient centric portfoliosolutions, which will enable the physiciansand the patients to rely on Abbott’s quality.Over the next several years, our focuson emerging opportunities will fuel ourgrowth, as Abbott is well aligned with thefundamentals driving long-term growth forhealthcare in Pakistan.222State of the artmanufacturing sites inKarachiensure reliable supply#2Abbott is No.2pharmaceutical company inPakistan

ABBOTT PAKISTAN2014 BUSINESS HIGHLIGHTSales increased by15%2014 ANNUAL REPORTAbbott focuses on seven coretherapeutic areas in which we havesolutions and the ability to addresssignificant customer needs. Theseareas are: Gastroenterology Pediatrics Women’s Health Cardio Vascular and Metabolic Pain/Central Nervous System Respiratory Hospital Care23

ABBOTT PAKISTAN2014 ANNUAL REPORTNUTRITIONSCIENCE-BASEDNUTRITIONFOR EVERYSTAGE OF LIFEWith the help of Ensure and its effectiveresults Dr. Iqbal is able to enjoy healthyand active life.ENSURE,COMPLETE NUTRITION24

ABBOTT PAKISTAN2014 ANNUAL REPORTDr IqbalUdaipurwalaDr Iqbal Udaipurwala, 62 years old is a professor ofWith Ensure he felt energetic and recovered fromPhysiology at Bahria University of Medical & Dentalweakness.College (BUMDC) and a leading ENT Surgeon ofKarachi.“Ensure is my partner for an active and healthy life. Ialso recommend it to my patients for faster healing andIn 2014, he felt severe weakness in fasting condition.early recovery ” says Prof Dr Iqbal Udaipurwala.He started to use Ensure at Sehri time.25

ABBOTT PAKISTAN2014 ANNUAL REPORTNUTRITIONThroughout the world, peoplecount on Abbott to help themget healthy and stay healthythroughout their lives.With our broad line of sciencebased products – from thecomplete nutrition of Similac,PediaSure and Ensure; andspecific nutritionals like Glucernafor people with diabetes. Abbottcan help people at every stage oflife reach their full potential.26OUR MOSTCONSUMERFACINGBUSINESSNEW PRODUCTSLAUNCHED IN 2014

ABBOTT PAKISTANABBOTT’SLEADING BRANDSPROVIDE STRONGFOUNDATION TOHELP US SHAPE THEMARKET WE SERVEAND CREATE NEWOPPORTUNITIES FOROUR NUTRITIONBUSINESS.2014 ANNUAL REPORT2014 BUSINESS HIGHLIGHTSales increased by18%Abbott is the leader in Nutritionin Pakistan27

ABBOTT PAKISTAN2014 ANNUAL r. Omar is now more confident andsatisfied with the results of Abbott’sArchitect diagnostic system. Hecannot rely on anything else anymore,according to him.28ARCHITECT,DIAGNOSTIC SYSTEM

ABBOTT PAKISTAN2014 ANNUAL REPORTDr. OmarChughtaiChughtais Lahore Lab is a 24 hour reference lab withpatients both at our core lab facility and at our satellitelocations in more than 100 cities across Pakistan.centers alike.Our goal is to report accurate results with a very fastIn 2007 we were Abbott’s launch customer for theturnaround time, and we need reliable and robustCi8200 in Pakistan. In the last few years our workinstrumentation that can cater to our growing volume.volume has grown exponentially, and today we usetwo Ci8200 and four Ci4100 units to serve ourThe scalable integrated systems from Abbott offer uspatients. Our growth would not have been possiblethe flexibility to produce commutable results for ourwithout these high quality instruments, and the evenbetter people at Abbott.29

ABBOTT PAKISTAN2014 ANNUAL REPORTDIAGNOSTICSAbbott offers a broad range ofinnovative diagnostics instrumentsystems and solutions for hospitals,reference labs, molecular labs, bloodbanks, physician offices, and clinics.Our diagnostic products are helpingour customers better meet thechanging needs of healthcare. Morethan simply tests or data points, ourdiagnostic solutions work togetherto help improve decision making andpatient care across the spectrum ofhealthcare.30TRANSFORMINGTHE CONTINUUMOF CARE#1in immunoassay andblood screening incountry

ABBOTT PAKISTAN2014 BUSINESS HIGHLIGHTSales increased by23%2014 ANNUAL REPORTNEW LAUNCH IN 2014A new ARCHITECTassay was launchedfor quantitativedetermination ofmethotrexate, whichis an antineoplasticdrug measured inhuman blood to ensureappropriate therapy incancer patients.31

ABBOTT PAKISTAN2014 ANNUAL REPORTDIABETESCARETECHNOLOGIESTHAT CHANGELIVESDr. Riasat enjoys an activefulfilling life thanks, in part, toAbbott’s FreeStyle Optium.FREESTYLE OPTIUM,BLOOD GLUCOSE AND KETONEMONITORING SYSTEM32

ABBOTT PAKISTAN2014 ANNUAL REPORTDr. Riasat AliKhanDr. Riasat Ali Khan was diagnosed as diabetic in 2013He is living a happy, healthy and active life .He isat the age of 38 during the routine checkup as he hasworking as physician in Pakistan Petroleum Limitedpositive family history of diabetes. Initially it was quite(PPL), as Project Manager in Research Departmentdepressive situation but soon he has overcome theof Baqai Institute of Diabetolgy & Endocrinologyailment and carried on with his career as ever.and General Secretary of Primary Care DiabetesAssociation of Pakistan. He walks regularly despiteHe is a strong believer of proper self-monitoring forhis busy schedule and he is not depressed about hisbetter glycemic control. He checks his blood sugar 3-4medical condition, because he knows he is not the onlytimes a day with FreeStyle Optium and hence has beenone with it.good with his blood glucose monitoring.33

ABBOTT PAKISTAN2014 ANNUAL REPORTDIABETESCAREIn our Medical Devices business,Abbott harnesses the power ofinnovation to make a clear, positivedifference in people’s lives.Our FreeStyle glucose monitoringsystem is a breakthrough solution thatdramatically changes the way peopletreat their condition.34TRANSFORMINGTHE CONTINUUMOF CAREBetter diabetesmanagement helpspeople sustain longer,fuller lives while livingwith diabetes, bydeveloping the nextgeneration of metersthat will analyze samplesfaster, and with lessdiscomfort and softwaretracking systems.

ABBOTT PAKISTAN2014 BUSINESS HIGHLIGHTSales increased by71%2014 ANNUAL REPORTOur focus is tohelp people withdiabetes leadhealthier, happierlives.Innovating today,for the healthiertomorrow.35

ABBOTT PAKISTAN2014 ANNUAL REPORTETHICS AND COMPLIANCEAbbott’s integrity is based on decisions – large andsmall – that our employees make each day at everylevel of the company. Our decisions are guided byour values, a sense of ethics and respect for the law.To support our commitment to ethical conduct andcompliance with the law, Abbott has a longstandingethics and compliance program. The ethics andcompliance program applies to all officers, employees,contract workers and agents of Abbott Laboratories,its divisions, and affiliates, whether operating insideor outside of the United States. The Abbott Code ofBusiness Conduct (“Code”) sets forth the principlesand behaviors to which all Abbott employeesmust commit. All employees are required to read,understand and certify their adherence to this Codeannually.Our Code makes it clear that we do not tolerate illegalor unethical behavior in any of Abbott’s businessdealings. It stresses the importance of ethical andhonest conduct, appropriate treatment of confidentialinformation, avoiding conflicts of interest, andthe accuracy and integrity of Abbott’s books andrecords. In addition, it requires timely and accuratepublic disclosures and compliance with relevantlaws, including food and drug laws, laws relating togovernment healthcare programs and antitrust laws.One of the key features of our Code is its ‘Speak Up’program where by employees are encouraged throughseveral communication channels to report promptlyany violations or potential violations of the Code orcomplaints or concerns with respect to their workor seek guidance or advice in understanding theapplicability of the Code.The policies and procedures supporting the principlesoutlined in the Code are updated to reflect changes inAbbott industry’s codes.A key to our ethics and compliance program is thepolicies and procedures that the Abbott Office of36Ethics & Compliance (OEC) has created to guideemployees as they conduct their day-to-day activitieswithin the global healthcare community.Ethical conduct and compliance with the law arecentral to fulfilling Abbott’s responsibility to ourstakeholders.Honesty, fairness and integrity represent the necessaryconditions of an ethical workplace and are nonnegotiable.Abbott’s employees understand that earning trust isa result of their actions, the decisions they make andthe manner in which they conduct business every day- in matters large and small. As they perform everyaspect of their business activities, our employees areguided by a clear understanding of legal and regulatoryrequirements, company policies and procedures.

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ABBOTT PAKISTAN2014 ANNUAL REPORTHUMAN RESOURCEDEVELOPMENTAt Abbott, people come to work each day with energy,enthusiasm and a commitment to enhancing humanhealth and well-being in Pakistan. We are a companythat adapts quickly and continually to changing healthcare needs, using our talent for innovation to createsolutions that help improve people’s health and qualityof life throughout the world.Our company takes pride in its rich heritage. Weremain passionate about advancing health care scienceand technology, along with supporting diversity,focusing on exceptional performance and earning thetrust of those we serve.A PLACE TO GROW AND LEARNOur employees are driven to make a difference.Through generations, they’ve shaped a companycommitted to creating enduring impact for the peoplewe serve. For its part, Abbott strives to create anenvironment in which employees can realize their fullpotential through professional development programs38and outstanding health care benefits. As a result, we’vebeen able to create a workplace that helps us keep thebest and brightest talent we can find.Human Resource Management and Development atAbbott Pakistan is a holistic approach to attracting,developing and retaining best talent. Some keyobjectives which drive the Human Resources functionat Abbott include: Attracting the best and a diverse mix of talentfrom various backgrounds for roles across globalcultures and a wide range of expertise. Aligning our employee development programswith our global strategies. Encouraging an inclusive culture and providingongoing career development opportunities. Retaining talent by providing opportunities forpersonal and professional growth.

ABBOTT PAKISTANTALENT MANAGEMENTAbbott continuously strives to recruit, develop, retain,reward and enhance employee performance in the bestpossible way.Providing Global and Job Enrichment Opportunities- High potential employees are given a chance toadvance their careers by offering them opportunitiesto be part of assignments that are global in nature.Our employees from Abbott Pakistan have beenselected for highly challenging regional roles, which isreflective of not only their individual talent but also theorganization’s commitment to providing opportunitiesfor people to showcase their potential and fulfill theircareer aspirations.Many employees were given opportunities to enrichtheir work experience through job rotation withindifferent divisions and functions. Where possible,such movements are encouraged to give employeesexposure to develop multiple skills and broaden theirhorizons.2014 ANNUAL REPORTWorkday – A new system of Employee recordsis introduced and rolled out. By using Workday,Managers will be more empowered for theirorganization’s data and managing & controlling iteffectively. Multiple sessions across Pakistan wereconducted by HR Department to orient employeesabout this new system.Internship Program - To attract the best talentand to continue being one of the most sought afteremployers in the country, Abbott offers a stronginternship program. As part of our Recruitment Drivefor Internship programs, groups of students at variousUniversities are addressed to share information aboutAbbott, its culture and values and to guide them onhow they can prepare for careers in a healthcarecompany. The program offered every year providesan opportunity for the students to get first-handexperience of working in a corporate environment.39

ABBOTT PAKISTAN2014 ANNUAL REPORTLEARNING & DEVELOPMENTLearning & Development opportunities are offered toemployees throughout the year. These opportunitiescenter around on-the-job training as well as publicprograms conducted by various renowned institutionsin the country. In-house training programs are alsoregularly offered and are uniquely designed to meetthe development needs of the employees to enhancetheir skills, knowledge and competency levels.Employees were also sent on trainings offered in othercountries to hone their skills in areas which are criticalto the growth of the business.EMPLOYEE ENGAGEMENTWell – engaged employees are Abbott’s greateststrength. The engagement process for us starts as soonas an employee joins the company.40Orientation Programs - A strong orientation programis offered to employees from the date of joining, whichincludes meetings with Functional Leaders and visit toour Manufacturing plant. These leaders help the newjoiners understand the organizational vision, valuesand business strategy so that they can be a living partof it. New joiners are also given an extensive Planttour to help them understand the production processand the importance of world-class quality standardsfollowed at Abbott. Whereas, Sales Force gets onemonth of rigorous training before they get in themarket for selling.Team Building Events - To keep employees motivatedand to give them opportunities to experience activitiesbeyond their daily job responsibilities, regular teambuilding events are organized at Abbott. An annualevent is the Eid Breakfast following the month ofRamazan while Sports events such as friendly cricketmatches are organized at regular intervals during theyear.

ABBOTT PAKISTAN2014 ANNUAL REPORTHealthy Life Program - Caring is central to the workthat we do to help people live healthier lives. We havetremendous respect for the lives of everyone touchedby our company. Abbott greatly cares for the health ofits employees as well.EMPLOYMENT OF SPECIAL PERSONSAs a socially responsible corporate entity, Abbottprovides employment opportunity to special personsand dependents of deceased or incapacitatedemployees subject to availability of position andsuitability of the candidates in accordance withthe Company’s recruitment policy/standard in asupportive environment for mutual growth.41

ABBOTT PAKISTAN2014 ANNUAL REPORTENVIRONMENT HEALTH & SAFETYHEALTH & SAFETY AT THEWORKPLACEAbbott provides a safe working environment for itsemployees. There is a regular monitoring throughoutthe year to ensure effective industrial hygiene so asto limit potential adverse health risks to employeesresulting from workplace exposure to chemical,42biological, and physical agents. During the year2014, Abbott accorded high priority to Environment,Health and Safety (EHS) by accomplishing severalprojects such as reduction in waste generation andwater consumption, implementation of best in classmachinery in safety standards, achieving a 100%increase in potential incident identification andreport

medical nutritional, is introduced. 1982 Abbott is listed as a public limited company in Pakistan. . (IMS Dec. 2014, MAT) (IMS Dec. 2014, MAT) 6.9 % 17.8 % ABBOTT PAKISTAN 2014 ANNUAL REPORT 12. . State of the art software ABBOTT PAKISTAN 2014 ANNUAL REPORT 17. BUSINESS DIVISIONS