Wockhardt
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Wockhardt is a global pharmaceutical and biotechnology organisation, providing affordable, high-quality medicines for a healthier world. It is India’s leading research-based global healthcare enterprise with relevance in the fields of Pharmaceuticals, Biotechnology and a chain of advanced Super Speciality Hospitals. Wockhardt is a true Indian Multi-National Company with a multi-ethnic workforce of 8600 Wockhardt Associates from 21 different nationalities globally. It has 3 research centres and 12 manufacturing plants, with businesses ranging from the manufacture and marketing of Pharmaceutical and Bio-pharmaceutical formulations, Active Pharmaceutical Ingredients (APIs) and Vaccines.
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Change Company | Change Company | Change Company | ||
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Overall Rating | 3.9/5 based on 1.4k reviews | 4.0/5 based on 5.8k reviews | 4.1/5 based on 6.9k reviews | 5.0/5 based on 1 reviews |
Highly Rated for | Work-life balance Skill development Company culture | Salary Skill development Job security | Skill development Salary Work-life balance | Skill development Work-life balance Salary |
Critically Rated for | Promotions | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 86% employees reported | Work from office 82% employees reported | Work from office 73% employees reported | - |
Rating by Women Employees | 3.5 Good rated by 112 women | 4.0 Good rated by 437 women | 4.1 Good rated by 682 women | - no rating available |
Rating by Men Employees | 3.9 Good rated by 1.2k men | 4.0 Good rated by 5k men | 4.1 Good rated by 5.8k men | - no rating available |
Job security | 3.6 Good | 3.8 Good | 3.7 Good | 4.0 Good |
Wockhardt Salaries
Research Scientist
Key Account Manager
Territory Manager
Junior Executive
Senior Officer
Regional Manager
Senior Research Associate
Research Associate
Zonal Sales Manager
Medical Representative
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Wockhardt’s novel antibiotic gets CDSCO approval
- Wockhardt's novel antibiotic, Miqnaf, has received approval from the Central Drugs Standard Control Organization (CDSCO).
- Miqnaf is an ultra-short course, once-a-day, 3-day treatment for Community-Acquired Bacterial Pneumonia (CABP) in adults.
- It covers a wide range of community respiratory pathogens, including those resistant to azithromycin and amoxicillin/clavulanate.
- Wockhardt plans to launch Miqnaf in the local market in a few months.

One In Four IPOs Joined Billion-Dollar Valuation Club In 2024; Total Adds Hit Triple Digits
- Over 100 companies joined the billion-dollar valuation club in 2024, with the largest valuations belonging to newly listed companies.
- Hyundai Motor India, Swiggy, and Bajaj Housing Finance were among the largest newly listed companies with valuations over Rs 1 lakh crore.
- KFin Technologies Ltd. has the largest valuation among non-new offerings, followed by PG Electroplast Ltd. and Wockhardt Ltd.
- LS Industries Ltd. topped the list of companies that grew the most during the year, crossing a $1 billion valuation.

Wockhardt’s Zaynich gives new hope to cancer patient with successful liver transplant
- Zidebactam/Cefepime (WCK 5222) facilitated a successful liver transplant for a cancer patient at Houston Methodist Hospital, Texas.
- The drug helped clear a chronic bile duct infection and led to the patient's discharge from the hospital.
- The patient had failed to respond to other antibiotics before using Zidebactam/Cefepime under compassionate use.
- 45 patients have benefited from the compassionate use of Zidebactam/Cefepime, which is nearing completion of its Phase III study.

Wockhardt Share Price At Life High As Patent Drug Aids US Patient With Transplant Surgery
- Shares of Wockhardt Ltd. hit a life high as its proprietary antibiotic, ZaynichTM, helped a US patient undergo a successful liver transplant and resume chemotherapy.
- The patient, diagnosed with bile duct cancer, developed severe complications that did not respond to advanced antibiotics. Zaynich was used under compassionate use and eradicated the infections within 15 days.
- The drug's innovative β-lactam enhancer mechanism neutralised resistance mechanisms, marking a significant milestone in infection management.
- Wockhardt stock rose as much as 10% during the day to Rs 1,536.60 apiece on the NSE.

Indigenous development of Nafithromycin marks key milestone in AMR battle: Government
- Indigenous development of Nafithromycin, also known as 'Miqnaf,' marks a key milestone in the battle against Antimicrobial Resistance (AMR), according to the Indian government.
- Nafithromycin is a new antibiotic developed by Wockhardt with support from BIRAC.
- It targets Community-Acquired Bacterial Pneumonia (CABP) caused by drug-resistant bacteria.
- The antibiotic is ten times more effective than current treatments and offers a three-day treatment regimen, shortening recovery time and improving patient outcomes.

Stock Recommendations Today: Experts' Views On Canara Bank, Oil India, Tata Steel, Ugro Capital, Wockhardt
- The view is positive on Tata Steel Ltd. at the current level.
- Astha Jain recommends Canara Bank as a good 'buy' with a target of Rs 120-130.
- Astha Jain suggests a buy on Ugro Capital with a price target of Rs 280-290.
- Hem Securities recommends holding on to Wockhardt with an initial price target of Rs 1,500-1,550.

‘Rs 8 Crore Assistance’: Govt Fact Checks Claims On Nafithromycin Antibiotic
- The Department of Biotechnology clarified that Wockhardt invested Rs 500 crore in developing Nafithromycin, with Rs 8 crore financial support from BIRAC for trials.
- The government refuted claims circulating on social media regarding India's first indigenously developed antibiotic, Nafithromycin.
- Debunking the fake news, the Department of Biotechnology stated that the antibiotic has been developed by Wockhardt at an investment of Rs 500 crore, with Rs 8 crore financial assistance from BIRAC.
- Nafithromycin, marketed as Miqnaf, is designed to address antimicrobial resistance and treat Community-Acquired Bacterial Pneumonia.

Stocks that will see action today: November 7
- Kalpataru Projects International approves proposal to raise ₹200 crore through issuance of NCDs
- KIMS Hospitals expands in Kerala with plans to develop new medical facilities
- Indian Gas Exchange reports tripled gas trade volume in October
- Wockhardt launches QIP issue at a floor price of ₹1,162.25 per share
- Polycab India emerges as the lowest bidder for a ₹1,549.66 crore contract from BSNL
- Innova Captab receives drug manufacturing license for upcoming facility in Jammu
- Sterling Tools signs technical collaboration agreement for manufacturing advanced HVDC contactors and relays
- Several companies to announce their results today: Mahindra & Mahindra, Trent, Cummins India, Lupin, and more

Wockhardt Seeks To Raise Rs 1,000 Via Share Sale To Institutions
- Wockhardt Ltd. plans to raise Rs 1,000 crore via share sale to qualified institutional investors, resulting in a 5.57% stake dilution.
- The base issue size is set at Rs 8,000 crore with an additional green show option of Rs 2,000 crore.
- The shares will be issued at a price of Rs 1,105 per share, which is a 4.9% discount to the floor price of Rs 1,162.25 apiece.
- The issue opened on November 6 and is expected to close on November 7, with a possibility of extension.

Wockhardt Subsidiaries
PINEWOOD HEALTHCARE
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