Wockhardt
1,550.00
-28.20(-1.79%)
Market Cap₹25,185.26 Cr
PE Ratio-
IndustryHealthcare
Company Performance:
1D-1.79%
1M-9.01%
6M-6.21%
1Y+78.20%
5Y+418.97%
View Company Insightsright
More news about Wockhardt
01Jul 25
Wockhardt Unveils Zaynich Initiative for Global Licensing Agreements
Wockhardt, a prominent pharmaceutical company, has introduced the Zaynich Initiative, aimed at establishing worldwide licensing agreements. This strategic move is designed to expand Wockhardt's global footprint and potentially enhance its market presence. While specific details are limited, the initiative could lead to expanded market reach, revenue diversification, collaborative opportunities, and technology transfer. The pharmaceutical industry is closely watching the development of this initiative and its potential impact on Wockhardt's business strategy and market position.
06Jun 25
Wockhardt's Novel Antibiotic Zaynich Eyes $7 Billion Market Opportunity in US and Europe
Wockhardt Limited has announced that its novel antibiotic, Zaynich, has an addressable market opportunity of $7.00 billion in the United States and Europe. This potential revenue stream highlights the growing demand for innovative antibiotics in developed healthcare markets. The company's focus on this new drug demonstrates its strategic approach to addressing unmet medical needs and competing in high-value pharmaceutical segments. The success of Zaynich could have significant implications for both Wockhardt's growth and global public health efforts in combating antibiotic resistance.
29May 25
Wockhardt Narrows Q4 Loss, Reports 6% Revenue Growth
Wockhardt reported a consolidated net loss of ₹45.00 crore in Q4, significantly lower than the ₹177.00 crore loss in the same quarter last year. Revenue increased by 6% to ₹743.00 crore from ₹701.00 crore. The company's EBITDA turned positive at ₹64.00 crore, indicating improved operational performance. Akhilesh Krishna Gupta was reappointed as an Independent Director for a second five-year term.
08Apr 25
Wockhardt Expands European Presence with New Irish Subsidiary
Wockhardt Ltd's subsidiary, Wockhardt Bio AG, has incorporated a new wholly owned subsidiary in Ireland named Wockhardt Antibiotics (Ireland) Limited. The new entity, established on April 7, 2025, with an initial capital of 100 Euro, aims to strengthen Wockhardt's presence in the European market by channeling antibiotic products across the EU. This strategic move is expected to enhance the company's distribution network and leverage Ireland's favorable business environment as a gateway to Europe.
07Apr 25
Wockhardt to Exit US Generics Business Amid Market Challenges
Wockhardt, a major pharmaceutical company, has decided to exit its US generics business, marking a significant change in its operations. This move comes amid increasing competition and regulatory pressures in the US market. The decision suggests a reassessment of Wockhardt's global strategy and potential reallocation of resources to more profitable segments. The exit may create opportunities for other players in the US generics sector while raising questions about the challenges faced by international pharmaceutical companies in this market.
Wockhardt
1,550.00
-28.20
(-1.79%)
1 Year Returns:+78.20%
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