Wockhardt denies plan to sell Punjab plant

Mumbai, May 31 (UNI) Pharma major Wockhardt today denied reports that it is planning to sell its milk processing plant in Punjab.

In a communique to the Bombay Stock Exchange (BSE), the company said ''the report is totally incorrect.'' A company spokesperson said medical nutrition is one of Wockhardt's core activities with great growth potential within and outside India ''and Wockhardt wants to grow it further.'' The communique further pointed out that the company is an integrated pharmaceutical and bio-technology company whose activities cover the complete healthcare space to include pharmaceuticals, biopharmaceuticals and medical nutrition.

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