Wockhardt is a global
pharmaceutical
A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy ( pharmacotherapy) is an important part of the medical field and ...
and
biotechnology
Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used b ...
company headquartered in
Mumbai
Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the secon ...
, India. It produces
formulation
Formulation is a term used in various senses in various applications, both the material and the abstract or formal. Its fundamental meaning is the putting together of components in appropriate relationships or structures, according to a formula ...
s,
biopharmaceutical
A biopharmaceutical, also known as a biological medical product, or biologic, is any pharmaceutical drug product manufactured in, extracted from, or semisynthesized from biological sources. Different from totally synthesized pharmaceuticals, t ...
s, nutrition products,
vaccine
A vaccine is a biological preparation that provides active acquired immunity to a particular infectious or malignant disease. The safety and effectiveness of vaccines has been widely studied and verified.[ ...]
s and
active pharmaceutical ingredient
An active ingredient is any ingredient that provides biologically active or other direct effect in the diagnosis, cure, mitigation, treatment, or prevention of disease or to affect the structure or any function of the body of humans or animals. The ...
s (APIs).
History
Wockhardt was founded by Dr. Habil Khorakiwala in the 1960s. His father
Fakhruddin T. Khorakiwala
Fakhruddin T. Khorakiwala was an Indian businessman and Sheriff of Mumbai. From 2000 until his death, he was the chancellor of Jamia Millia Islamia. He was a well-known Indian businessman, and founded the Akbarallys group of departmental sto ...
had acquired Worli Chemical Works in 1959. This was incorporated as Wockhardt Pvt. Ltd., in 1973.
Wockhardt Ltd. was incorporated on 8 July 1999. In the 1990s, Wockhardt gained market share with its painkiller Proxyvon (opioid
tramadol
Tramadol, sold under the brand name Ultram among others, is an opioid pain medication used to treat moderate to moderately severe pain. When taken by mouth in an immediate-release formulation, the onset of pain relief usually begins within an h ...
+
paracetamol
Paracetamol, also known as acetaminophen, is a medication used to treat fever and mild to moderate pain. Common brand names include Tylenol and Panadol.
At a standard dose, paracetamol only slightly decreases body temperature; it is inferi ...
) and blood pressure drugs (
lisinopril
Lisinopril is a medication of the angiotensin-converting enzyme (ACE) inhibitor and is used to treat high blood pressure, heart failure, and after heart attacks. For high blood pressure it is usually a first-line treatment. It is also used to ...
, etc.). In 1995, it expanded into
biotechnology
Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used b ...
, and subsequently started producing
intravenous fluid
Intravenous therapy (abbreviated as IV therapy) is a medical technique that administers fluids, medications and nutrients directly into a person's vein. The intravenous route of administration is commonly used for rehydration or to provide nutrie ...
s.
Wockhardt is the first company outside the US and Europe to manufacture
recombinant human insulin.
During the
COVID-19 pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified ...
, Wockhardt signed a contract with the
Government of the United Kingdom
ga, Rialtas a Shoilse gd, Riaghaltas a Mhòrachd
, image = HM Government logo.svg
, image_size = 220px
, image2 = Royal Coat of Arms of the United Kingdom (HM Government).svg
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, caption = Royal coat of arms of t ...
to
fill-finish the
Oxford–AstraZeneca COVID-19 vaccine
The Oxford–AstraZeneca COVID19 vaccine, sold under the brand names Covishield and Vaxzevria among others, is a viral vector vaccine for prevention of COVID-19. Developed in the United Kingdom by Oxford University and British-Swedish com ...
at the company's facility in
Wrexham
Wrexham ( ; cy, Wrecsam; ) is a city and the administrative centre of Wrexham County Borough in Wales. It is located between the Welsh mountains and the lower Dee Valley, near the border with Cheshire in England. Historically in the county ...
,
Wales
Wales ( cy, Cymru ) is a Countries of the United Kingdom, country that is part of the United Kingdom. It is bordered by England to the Wales–England border, east, the Irish Sea to the north and west, the Celtic Sea to the south west and the ...
. The contract was extended until August 2022.
In August 2021, Wockhardt announced that it signed an agreement with Dubai-based
Enso Healthcare and Russian firm
Human Vaccine LLC to
contract manufacture the
Sputnik V
Sputnik V (russian: Спутник V, the brand name from RDIF) or Gam-COVID-Vac (russian: Гам-КОВИД-Вак, the name under which it is legally registered and produced) is an adenovirus viral vector vaccine for COVID-19 developed by t ...
and
Sputnik Light
Sputnik Light (russian: Спутник Лайт, Sputnik Layt or Lajt) is a single dose COVID-19 vaccine developed by the Gamaleya Research Institute of Epidemiology and Microbiology. It consists of the first dose of the Sputnik V vaccine, wh ...
vaccines in India.
The company has manufacturing plants in India, UK, Ireland, France and US, and subsidiaries in US, UK, Ireland and France.
Mergers and acquisitions
Wockhardt's acquisitions include Wallis Laboratory, UK (1998); Merind, India (1998); CP Pharmaceuticals, UK (2003); Espharma GmbH, Germany (2004);
Dumex
Dumex is an infants' and children's nutrition company. Its products are growing-up milk and follow-on milk. Dumex is a part of Groupe Danone, which is headquartered in Paris, France.
Dumex products is one of the Danone Group, company of Danone ...
, India (2006); Pinewood Laboratory Ireland (2006); Morton Grove Pharmaceuticals, US (2007); and Negma, France (2007).
Wockhardt's debt following the acquisitions was close to Rs 38 billion, and
Habil Khorakiwala
Habil Khorakiwala is the founder and Chairman of Indian multinational pharmaceutical and biotechnology company Wockhardt. He founded Wockhardt in 1967, which since then has grown into one of the top Indian makers of generic drugs, formulations, ...
quit as managing director.
The board of directors, on 31 March 2009 approved the appointments of Habil Khorakiwala's sons Murtaza Khorakiwala and Huzaifa Khorakiwala as managing director and executive director respectively.
Subsidiaries
*
Wockhardt Hospitals
Wockhardt Hospitals Ltd is a tertiary care, super speciality healthcare network in India offering healthcare services. The chain of hospitals is owned by the promoters of Wockhardt, a global pharmaceutical company. It has six hospitals across ...
* Wockhardt Global Schools
* Wockhardt Foundation
In popular culture
Wockhardt is known for producing cough syrup with the sedative
promethazine
Promethazine is a first-generation antihistamine, antipsychotic, sedative, and antiemetic used to treat allergies, insomnia, and nausea. It may also help with some symptoms associated with the common cold and may also be used for sedating pe ...
and the opiate
codeine
Codeine is an opiate and prodrug of morphine mainly used to treat pain, coughing, and diarrhea. It is also commonly used as a recreational drug. It is found naturally in the sap of the opium poppy, ''Papaver somniferum''. It is typically use ...
, used in the recreational street drug
lean, which is sometimes referred to as "Wock", short for Wockhardt. It is referenced by rapper
Lil Yachty
Miles Parks McCollum (born August 23, 1997), known professionally as Lil Boat, is an American rapper, singer, songwriter, and producer. He first gained recognition on the internet in 2015 for his singles " One Night" and "Minnesota" (featuring ...
on his song
Poland
Poland, officially the Republic of Poland, , is a country in Central Europe. Poland is divided into Voivodeships of Poland, sixteen voivodeships and is the fifth most populous member state of the European Union (EU), with over 38 mill ...
, where he says "I took the Wock to Poland".
See also
*
Lean (drug)
Lean, also known as purple drank, purp, sizzurp, syrup, wock, oil, joy juice, and several other names, is a recreational drug beverage, prepared by mixing prescription strength cough or cold syrup containing codeine and promethazine with a ...
References
External links
Official websiteWockhardt Global School
{{Authority control
Pharmaceutical companies of India
Manufacturing companies based in Mumbai
Companies listed on the Bombay Stock Exchange
Companies listed on the National Stock Exchange of India
1960 establishments in Maharashtra
Indian companies established in 1960
Pharmaceutical companies established in 1960