Wockhardt Ltd’s shares surged 8% to ₹1,508.60 in Monday’s session following the successful use of its breakthrough antibiotic Zaynich™ (Zidebactam/Cefepime, WCK 5222) in treating a critical US patient.
The 73-year-old cancer patient, suffering from life-threatening Gram-negative bacterial infections resistant to existing treatments, underwent a successful liver transplant after a 15-day treatment with Zaynich™. The antibiotic effectively neutralized highly resistant pathogens like Pseudomonas aeruginosa and Klebsiella pneumoniae.
This success highlights Zaynich™’s potential in tackling extreme-drug resistant infections, a growing concern worldwide. The breakthrough is part of Wockhardt’s innovative antibiotic pipeline, which has already benefitted 45 patients in the US under FDA’s compassionate-use program.
The news boosted investor confidence, driving Wockhardt’s share price up ₹58.05 from its previous close of ₹1,396.95. The stock has also delivered impressive gains, with a 21% rise in one month and 238% year-to-date growth.
Wockhardt Share Price history
| Day | Open | Close | Change % | 
|---|---|---|---|
| 
 Fri, Dec 13 2024 
 | 
 ₹1,388.00 
 | 
 ₹1,396.95 
 | 
 | 
| 
 Thu, Dec 12 2024 
 | 
 ₹1,439.00 
 | 
 ₹1,388.20 
 | 
 -2.72% 
 | 
| 
 Wed, Dec 11 2024 
 | 
 ₹1,409.90 
 | 
 ₹1,427.05 
 | 
 | 
| 
 Tue, Dec 10 2024 
 | 
 ₹1,399.00 
 | 
 ₹1,399.05 
 | 
 | 
| 
 Mon, Dec 9 2024 
 | 
 ₹1,389.25 
 | 
 ₹1,395.75 
 | 
 | 
| 
 Fri, Dec 6 2024 
 | 
 ₹1,443.90 
 | 
 ₹1,389.25 
 | 
 -3.09% 
 | 
| 
 Thu, Dec 5 2024 
 | 
 ₹1,442.00 
 | 
 ₹1,433.60 
 | 
 -0.33% 
 | 
| 
 Wed, Dec 4 2024 
 | 
 ₹1,409.85 
 | 
 ₹1,438.30 
 | 
 |