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flag Wockhardt exits the US generic drug market, filing for bankruptcy due to financial losses.

flag Wockhardt, an Indian pharmaceutical company, is exiting the US generic drug market due to financial losses, filing for Chapter 7 bankruptcy for its US subsidiaries. flag The company plans to focus on antibiotic drug discovery and insulin products. flag Despite the exit, Wockhardt will continue operations in India, the UK, Ireland, and other markets.

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