Wockhardt Shares Jump 11% After CDSCO Approves New Antibiotic
Shares of Wockhardt Limited hit a day high of Rs 1,974.00 on NSE on 29 May, surging as much as 11.5% intraday, after India’s drug regulator approved the company’s new antibiotic Zaynich for sale in the country. The Central Drugs Standard Control Organisation cleared Zaynich for adults with complicated urinary tract infections, including severe kidney…