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  • Pharma sector sales down 10-12%, pain to ease by Jan: Wockhardt

    The pharmaceutical industry did suffer some set back with sales declining about 10-12 percent since demonetisation. However, Habil F Khorakiwala, Founder, Chairman & Group CEO of Wockhardt feels the impact will last only until January at the most as cash availability is improving.

  • See double-digit sales growth across markets in FY17: Wockhardt

    See double-digit sales growth across markets in FY17: Wockhardt

    Habil F Khorakiwala, founder, chairman and group CEO of Wockhardt says the company has replied to US food and drug administration (FDA) on issues related to its L1, Waluj and Shendra facilities and although a few issues are pending, he hopes it will be resolved soon

  • Will take 2-2.5 yrs for phase-3 clinical trails: Wockhardt

    Will take 2-2.5 yrs for phase-3 clinical trails: Wockhardt

    The QIDP status will allow fast tracking of the drug application from the USFDA and 5-year extension for the drug patents in the US.

  • India's pharma industry seeing rapid growth: Wockhardt

    India's pharma industry seeing rapid growth: Wockhardt

    According to Habil F Khorakiwala, India is becoming a research and manufacturing hub for global pharmaceutical generic companies and the Indian companies that have well established base in the generic space like Stride transaction are getting high valuation.

  • Taking corrrective measures on regulatory issues: Wockhardt

    Taking corrrective measures on regulatory issues: Wockhardt

    Paracetamol is a very important anti-fever and painkiller, which has a large domestic production. India consumes about 10,000 tonnes of the drug in one year, says Dr Habil F Khorakiwala of Wockhardt .

  • Wockhardt up 5% as Khorakiwala Holdings release pledge

    Wockhardt up 5% as Khorakiwala Holdings release pledge

    Wockhardt's promoter Khorakiwala Holdings & Investments Pvt Ltd released pledge on its 6.97 crore equity shares (63.62 percent) on Wednesday. Now only 4.4 lakh shares or 0.4 percent equity of Habil F Khorakiwala is pledged.

  • Wockhardt at record high, rises 16% in 6 consecutive days

    Wockhardt at record high, rises 16% in 6 consecutive days

    Healthcare firm Wockhardt gained for the sixth consecutive session on Tuesday, hitting a new record high of Rs 2,166.05.

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