India's Wockhardt up on plans to shut down loss-making US business
ReutersJul 14, 2025 8:32 AM
Shares of Wockhardt WCKH.NS rise 4.4% to 1,829.5 rupees, their highest in over 3 weeks
Pharma co plans to shut down its loss-making US generic pharmaceutical segment in 15 months
The shutdown is part of its US ops' realignment to focus on two segments - new antibiotic drug discovery, and biologicals portfolio in insulin
Stock up 27.6% YTD
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