Is ABT more exposed to emerging markets than most other large pharmas?
Yes, it is. As a result of recent acquisitions, ABT is the largest drug company in India—see #msg-50436738, #msg-50022514, and #msg-62037218 for related info.
Note: The year-over-year growth rates are somewhat inflated because the Piramal acquisition announced in in May 2010 (#msg-50436738) did not close until in Sep 2010 and hence was not in the 2Q10 base number for calculating 2Q11 YoY growth.