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Over the last 125 years of its existence, Abbott has pioneered new products and
technologies that span continuum of care- from diagnostics to devices, from
pharmaceutical therapies to nutrition.The caselet below deals with the diabetes care
division of Abbott.
BUSINESS BACKGROUND:
With a vision to discover new ways to manage health Dr Wallace Abbott, a practising
physician, founded Abbott Global in 1888. Today, Abbott is a worldwide broad based
healthcare company whose products and technologies span the continuum of care including Nutrition, Vision, Diagnostics, Vascular Care, Pharmaceuticals and Diabetes
Care. Abbott is known for its innovative products and a commitment to applying leading
edge science and technologies to advance patient care. Abbott has a broad range of
branded generic pharmaceuticals, medical devices, diagnostics, nutrition products,
including Ensure-a line of meal replacement shakes. The company's in-vitro diagnostics
business performs immunoassays and blood screening. Its medical tests and diagnostic
instrument systems are used worldwide by hospitals, laboratories, blood banks, and
physician offices to diagnose and monitor diseases such as HIV, hepatitis, cancer, heart
failure and metabolic disorders, as well as assess other indicators of health. With an
employee base of 74,000 people who are committed to help people live life to the
fullest, Abbott has been a success story like very few healthcare companies have been.
As a company leading in innovative practises, Abbott announced its entry into the blood
glucose monitoring marketplace with the acquisition of Medisense in 1996. There has
been no looking back ever since with Abbott innovating continuously on its Diabetes
Care front, the latest of which being the FreeStyle Precision Neo system (the first meter
and test strips from a leading meter manufacturer to be available over the counter)
launched in 2015.
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At this point, our pancreas are supposed to release insulin to allow the glucose to enter
which can be used for energy in the body. But with diabetes, this system does not work.
There are typically 2 kinds of diabetes; Type 1 and Type 2. The Type 1 is insulin
dependent and is the more severe form of diabetes.The Type 2 diabetes is the more
common form of diabetes and depends on many factors including the sedentary lifestyle
of an adult. The age for the occurrence of diabetes is rapidly going down today with 15
year old teens also falling prey to diabetes.
Diabetes today is a major cause of concern afflicting more than 380 million people the
world over. The Indian context throws up an even more alarming situation.
The table below articulates the Indian context better:
Total
Diabetics
Undiag
nosed
Diagnosed
30 million
Treated
Untreated
Monitored
Unmonitored
Nutrition
product
consumers
Nutriton
Non
Consumers
29 million
100k
30 million
12 million
19 million 1 million
31
million
In a survey conducted by the Indian Council of Medical Research India in 2014, it was
found that only 43.2% of the overall study population had heard about a condition called
diabetes with the urban residents having higher awareness rates (58.4%) compared to
rural residents (36.8%). About 46.7% of males and 39.6% of females reported that they
knew about a condition called diabetes.
Even though the awareness on Diabetes is growing in India, there is a lot more ground
to be covered. Harvard recommends yoga and meditation as they help lower HbA1c
values in the body hence helping manage blood sugars better.
The fact that the number of pre-diabetics in India, has now gone up to 77 million people.
Pre-Diabetes is a condition where the blood sugars are higher than normal but not high
enough to be classified as a full blown diabetes.
In the USA and Europe, the pre diabetic patient takes about 8 years to become a
diabetic because of advance science and other available technology, while in India the
situation is sadly different. In India, the pre diabetic patient takes about 2 years to
become a diabetic, with the prime reasons being our sedentary lifestyle coupled with
the high consumption of sugary drinks in India. According to a World Health
Organisation Report, Sugar-sweetened beverages contain added sugars such as
sucrose or high fructose corn syrup and a 330ml or 12oz portion of sugar-sweetened
carbonated soft drink typically contains some 35g (almost nine teaspoons) of sugars
and provides approximately 140 kcal of energy, generally with little other nutritional
value leading to obesity and increasing the risk of diabetes.
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Like other diseases, the life cycle of diabetes typically starts with prevention and
diagnosis, before moving into treatment. Dietary nutrition and monitoring of treatment
along with its key parameters form a crucial spoke in the wheel of
diabetes
management. Despite monitoring, many of the diseases get into complication which
need to be managed and resolved.
According to a study conducted in 2011, the diabetes market in India was expected to
double up to 1.5 billion dollars.
In its bid to help diabetics live their life to the fullest, Abbott has launched therapies,
which potentially help prolong the distance between the pre diabetic phase and the
diabetes phase.
Over the years, Abbott has innovated a range of advanced blood glucose managing and
Ketone Monitoring Systems through its brands; Freestyle and Precision. Some of its
breakthrough innovations have been:
2015: Launch of Freestyle Libre Pro Flash Glucose Monitoring system,a device that has
a thin wearable sensor, inserted under the skin and connected to a water resistant,
plastic on-body patch for 14 days.
2012: Launch of Freestyle Insulinx System, offering insulin users the ability to log
results via touchscreen. This method does not involve pricking or injecting the skin to
check the glucose ratings.
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2010: Launch of Freestyle Lite and Freestyle Blood Glucose test strips using GDH-FAD
chemistry to minimise interference from the common non glucose sugars.
Apart from the path breaking innovations in Glucose and Keytone Monitoring areas,
Abbott has also been a leading manufacturer of Nutrition in this space. Abbotts
nutritional brand Glucerna, is tailor made to help adults manage their blood glucose
levels as a part of the entire diabetes management plan. Glucerna products include
Glucerna Shakes and Nutritional Bars. Glucerna also has a specialised product
Glucerna 1.2 Cal with tube feeding option, for patients requiring the same.
Abbott also has following doctor prescribed brands:
Class
Molecule
PPG
Alpha glucosidase
inhibitor
Voglibose
Gluformin G
Biguanides +
Sulphonyl urea
Metformin+ Glimiperide
Zomelis
DPP4 inhibitor
Vildagliptin
Nervup OD
Nervup PG
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______________________________________________________________________
Your approach note should be formulated as per the below guidelines:
In the first level the challenge, the participating teams are required to submit the
following:
Research on Abbotts
Help us understand the survey method you use to substantiate your research
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