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Wockhardt jumps 4% on USFDA nod for new injection

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Wockhardt share price: Wockhardt jumps 4% on USFDA nod for new injection - The TheIndianSubcontinentNever miss a great news story!Get instant notifications from TheIndianSubcontinentAllowNot nowYou can switch off notifications anytime using browser settings.NewsDID YOU KNOWUnleash the power of SIP - Invest in Mutual fundsReturns1M 6M 1Y 3Y 15.28% PortfolioLoadingSelect Portfolio and Asset Combination for Display on Market BandShow More Download ET MARKETS APP Get ET Markets in your own languageDOWNLOAD THE APP NOWCHOOSE LANGUAGEENGENG - EnglishHIN - हिन्दीGUJ - ગુજરાતીMAR - मराठीBEN - বাংলা KAN - ಕನ್ನಡORI - ଓଡିଆTEL - తెలుగుTAM - தமிழ்ET NOW RADIOET NOWTIMES NOWWockhardt will launch this product in the US within a short period of time.ETMarkets.com|Apr 11, 2019, 10.27 AM ISTThinkStock PhotosThe company on Wednesday said it had received approval from the US health regulator for its 50 mg Decitabine injection which is used to treat certain forms of cancer.NEW DELHI: Shares of pharmaceutical firm Wockhardt jumped nearly 4 per cent in early trade on Thursday after it received the USFDA nod for Decitabine injection. The company on Wednesday said it had received approval from the US health regulator for its 50 mg Decitabine injection which is used to treat certain forms of cancer. As per PTI, Decitabine is used to treat Myelodysplastic syndromes (MDS) -- a group of cancers in which immature blood cells in the bone marrow do not mature and, therefore, do not become healthy blood cells.

Wockhardt will launch this product in the US within a short period of time. Shares of the company traded 2.45 per cent up at Rs 452.90 apiece around 9:35 am.

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