Wockhardt Q1 Loss Widens to INR 108 Crore on US Subsidiary Liquidation
The loss was mainly driven by a INR 97 crore goodwill impairment following the company’s permanent exit from the US generics market and the voluntary liquidation of its Delaware-based subsidiaries, Morton Grove Pharmaceuticals Inc. and Wockhardt USA LLC.
Wockhardt USA LLC | 11/08/2025 | By Darshana
Wockhardt Realigns US Operations to Focus on Innovative Portfolio, Exits Generic Pharma Segment
Wockhardt has announced a strategic realignment of its US operations, exiting the loss-making generics business to focus on its innovation-led priorities in novel antibiotics and biologics, marking a decisive shift toward building a differentiated, future-ready pharmaceutical enterprise.
Wockhardt USA LLC | 11/07/2025 | By Mrinmoy Dey | 134
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