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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Mcap of 8 of top-10 most valued firms jumps ₹4.13 lakh cr; HDFC, ICICI Bank top gainers Coal India absorbs cost surge to shield consumers from price spike Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions Luxury carmakers hope West Asia ceasefire will lift consumer sentiment Pharma and healthcare companies to face continued margin pressure: HDFC Securities Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Reliance seeks government approval to buy Iranian crude oil IPL 2026: Ad volume witness marginal dip in first 13 matches West Asia Crisis: Induction cooking may consume 13-27 GW power Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman Vingroup plans 60,000 EV fleet as part of $6.5 billion Maharashtra push TVS Srichakra assumes US sponsorship rights to boost global brand visibility Vedanta Aluminium signs pact with two downstream companies Shapoorji Pallonji group reiterates call for public listing of Tata Sons THINK Gas launches GIS platform for instant PNG availability check, faster connections Swiggy co-founder Nandan Reddy to exit; 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IT stocks bleed as broader market rallies India's Jio-BP does not plan to raise fuel prices, CEO says Nykaa opens luxury Charlotte Tilbury flagship boutique in India Om Power Transmission IPO subscribed 46% on day 2 morning Crude surge, geopolitical tensions weigh on IT; financials, paints outperform RBI moots delay and kill switch feature to combat rising online frauds Reliance caps fuel sales at $11 per pump amid growing shortages Sanjay Khanna appointed BPCL CMD Milky Mist beats FY26 targets, IPO on track, says CEO Ola Electric hits upper circuit, closes 20% higher Eli Lilly’s Mounjaro loses ground to less-expensive semaglutide generics & innovator Novo Nordisk’s products Freshworks appoints Kuntal Vahalia Senior Vice President, Partnership Channel HRS Aluglaze bags ₹27-crore order Capri Global Capital to raise ₹500 crore through debenture issue Brand Concepts bets on premium push with Off-White entry, eyes metro expansion Skoda VW eyes 5% india market share; Taigun facelift unveiled Systematix Private Wealth aims ₹40,000-crore AUM in five years Blockchain For Impact launches $50-m innovation platform for medtech ecosystem TCS Q4 Results Highlights: IT bellwether Q4 PAT up 12% y-o-y; FY26 profit sees marginal growth ABD Maestro launches ZOYA Pink Mix Berries Gin at ₹2,500 in Maharashtra Anand Rathi Wealth Q4 profit jumps 41%; board announces bonus issue, dividend Hilton ties up with Royal Orchid Hotels to add 125 hotels Aimtron Electronics bags ₹57.66 crore IIoT and AI surveillance orders Granules India to tighten oversight after US FDA warning, exec says Wow! 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Wockhardt to go solo in marketing its USFDA approved novel antibiotic
By PT Jyothi Datta · 2026-06-01 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Drug maker Wockhardt will go solo in marketing Zaynich, the company’s novel antibiotic that has received regulatory approval in the United States – a first for a new chemical entity developed from India, its Founder and Chairman, Habil Khorakiwala, said.

The company recently received a green signal from the United States Food and Drug Administration (USFDA) for Zaynich (cefepime and zidebactam), an intravenous antibiotic to treat adults with complicated urinary tract infections (cUTI).

But unlike the usual modus operandi in pharmaceuticals to partner for global distribution, Wockhardt will market the drug in international markets and India on its own, Khorakiwala said in a select media interaction.

The USFDA approval for an Indian NCE marks a milestone for the company and for the Indian industry, he said. It was also significant given the prevalence of antimicrobial resistance across the world, and the exit of multinational companies from the antibiotics segment, he added. The addressable antibiotic segment is about $9 billion, according to industry estimates. The peak annual sales potential of the drug is about 1.5 billion, he said.

Lauding the work of his scientific team and the two-decade-plus journey, Khorakiwala said they were setting up a business operation in the US to support the product’s marketing. Manufacturing will be done by a third-party entity in Italy, he added. The company has spent about $ 800 million in researching its antibiotic pipeline with six candidates, Khorakiwala told businessline.

Wockhardt also received the Drug Controller General of India’s approval for Zaynich last week. Khorakiwala expected to roll out the product in the US later this calendar year or early next year. The launch in India is expected later this year, he said. Wockhardt has also submitted a Marketing Authorization Application (MAA) to the European Medicines Agency, it added.

Dennis Deruelle, Wockhardt Chief Medical Officer, said, “The threat of drug-resistant infections is an escalating crisis, leaving clinicians with fewer tools to treat patients facing these aggressive pathogens.”

Trial details

Zaynich (cefepime and zidebactam) is an injectable antibiotic comprising cefepime, a cephalosporin antibacterial drug and zidebactam, a non-β-lactam antibacterial and β-lactamase inhibitor, the company said. In the US, Zaynich had received the Qualified Infectious Disease Product (QIDP) and Fast Track designations from the FDA. It was also made available through expanded access programmes in multiple countries, including the US, for patients with limited treatment options, the company said.

The FDA approval was based, in part, on the results from ENHANCE-1, a Phase 3, randomised, double-blind, multicenter study which evaluated the efficacy, safety and tolerability of Zaynich, compared with meropenem in the treatment of hospitalised adults with cUTI or acute pyelonephritis (AP), it said. The study enrolled 530 patients from the US, Europe, LATAM, China and India, and spanned across 64 sites.

The product is contraindicated in patients with a known history of serious hypersensitivity to the components of Zaynich (cefepime and zidebactam) or other beta-lactam antibacterial drugs, the company said, citing adverse events.

Unlike most other beta-lactam combinations, Zaynich targets multiple penicillin-binding proteins (PBP 1a/b, 2 and 3) simultaneously, a note from the company said. “This unique, multi-target synergy provides bactericidal activity against the most challenging drug-resistant Gram-negative bacteria for which there are currently very limited treatment options,” it added.

cUTI is responsible for over 600,000 hospitalisations in the US annually, Wockhardt said. And a growing number of cUTIs are caused by antimicrobial-resistant bacteria, including multidrug-resistant bacteria, a leading cause of bacteremia, associated with significant morbidity and mortality and a burden on the health care system.

Published on June 1, 2026