Stock Report

Hugely successful vaccination roll out made possible by UK - Indian business partnership



Posted On : 2021-07-27 16:44:48( TIMEZONE : IST )

Hugely successful vaccination roll out made possible by UK - Indian business partnership

The High Commissioner of India, Gaitri Issar Kumar visited Wockhardt UK yesterday at its pioneering sterile pharmaceutical manufacturing facility in Wrexham, North Wales.

The visit was part of a tour of Indian backed or supported businesses in the United Kingdom, and Wockhardt UK is a subsidiary of global firm Wockhardt Limited based in Mumbai.

As part of her visit, The High Commissioner was provided with a tour of the state-of-the-art vaccine fill finish facility which is currently contracted by the UK Government to manufacture the Oxford/AstraZeneca COVID-19 vaccine until August 2022.

The High Commissioner was joined by the Indian Honorary Consul for Wales, Raj Aggarwal OBE, RNR. Her Excellency Mrs. Gaitri Issar Kumar said, "The United Kingdom's vaccination programme has been a beacon for the world in many ways. It is a matter of great satisfaction that an India-UK collaboration in vaccine manufacture here in the UK has played a vital part in the roll out. The contribution of Wockhardt at Wrexham is one of the best examples of the success and significant potential of India-UK partnerships in the healthcare sector."

Dr Habil Khorakiwala, Founder Chairman of Wockhardt emphasised, "The COVID-19 pandemic has been a challenge for all and it needed a concerted effort to overcome. We are proud to be an Indian-led company working in collaboration with the UK government with our innovative international operations in Wales. It is an honour to be recognised for our capability and commitment by the visit from the Indian High Commissioner to the UK, Gaitri Issar Kumar."

Dr Murtaza Khorakiwala, Managing Director and Global CEO of Wockhardt added, "We were honoured to have a visit from the High Commissioner of India to recognise our India-UK collaboration and essential role in mitigating the global impact of COVID-19."

Ravi Limaye, Managing Director of Wockhardt UK commented, "It was an honour to share our pride in the delivery of the vaccine programme to the High Commissioner, Gaitri Issar Kumar and to demonstrate the impact that Indian-led pharmaceutical innovation is having in the global fight against the COVID-19 pandemic."

Ms Kumar's visit is the latest one in a series of high-profile VIP attendances at the Wockhardt UK site, HRH Prince Charles and the UK Prime Minister Boris Johnson have also visited Wockhardt UK to witness the fill finish production of the vaccines.

Shares of WOCKHARDT LTD. was last trading in BSE at Rs. 528 as compared to the previous close of Rs. 549.85. The total number of shares traded during the day was 115880 in over 6546 trades.

The stock hit an intraday high of Rs. 558.95 and intraday low of 522. The net turnover during the day was Rs. 62216777.

Source : Equity Bulls

Keywords