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
+0.63%
Thu, Dec 12 2024
₹1,439.00
₹1,388.20
-2.72%
Wed, Dec 11 2024
₹1,409.90
₹1,427.05
+2.00%
Tue, Dec 10 2024
₹1,399.00
₹1,399.05
+0.24%
Mon, Dec 9 2024
₹1,389.25
₹1,395.75
+0.47%
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
+2.47%
TOPICS: Wockhardt