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BioWorld - Monday, March 2, 2026
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Home » Mediwound shares buoyed by phase III burn data; BLA planned for this year
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Mediwound shares buoyed by phase III burn data; BLA planned for this year

Jan. 23, 2019
By Michael Fitzhugh
Shares of Israel-based Mediwound Ltd. (Nasdaq:MDWD) rose 11.6 percent to $4.89 Tuesday on news that Nexobrid, its EMA-approved enzyme for removing dead and damaged tissue, or eschar, in adults with thermal burns met the primary and secondary endpoints of a U.S.-based pivotal phase III trial. Jeremy Goverman, a Harvard Medical School professor and principal investigator for the study, said that, among other benefits, the product might help him and other doctors forgo use of the foot-long razor blade sometimes used to remove burnt skin layer by layer in surgical excision.
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