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MediWound to Report First Quarter 2023 Financial Results

Key Takeaway: MediWound Ltd. (Nasdaq: MDWD) will release its financial results for the first quarter ended March 31, 2023, on May 30, 2023. Following the release, management will host a conference call at 8:30 am ET to discuss the results and provide corporate updates. MediWound is known for its enzymatic therapeutics aimed at non-surgical tissue repair, including the FDA-approved NexoBrid and the upcoming Phase III study for EscharEx.
Price reaction · baseline $10.38 (2023-05-11 close) · hit after-hours · clean, no other MDWD news in the window
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Market Sentiment Analysis

POSITIVE FACTORS

  • MediWound is a leader in next-generation enzymatic therapeutics.
  • The company's first drug, NexoBrid, is FDA-approved and can minimize surgical costs.
  • Upcoming Phase III study for EscharEx presents significant market opportunities.
  • Innovative pipeline includes promising treatments for chronic wounds and basal cell carcinoma.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+27%
120-day peak, hindsight
Typical move
8.9%
average across 8 past catalysts
Lead asset
EscharEx
Phase 3 · Venous Leg Ulcer (VLU)

Full Press Release Details

YAVNE, Israel, May 12, 2023 (GLOBE NEWSWIRE) -- MediWound Ltd. (Nasdaq: MDWD), the global leader in next-generation enzymatic therapeutics for tissue repair, today announced that the Company will release its financial results for the first quarter ended March 31, 2023 on Tuesday, May 30, 2023.
Following the release, MediWound's management will host a conference call and live webcast at 8:30am Eastern Time to discuss the financial results, provide corporate updates and answer questions.
Dial-in and call details are as follows:
Conference Call & Webcast Details
Toll-Free: 1-833-630-1956
Israel: 1-80-921-2373
International: 1-412-317-1837
Webcast: Click HERE
To access the call, participants should dial the applicable telephone number above at least 5 minutes prior to the start of the call.  An archived version of the webcast will be available for replay on the Investors section of the MediWound website.
MediWound Ltd. (Nasdaq: MDWD) is the global leader in next-generation enzymatic therapeutics focused on non-surgical tissue repair. Specializing in the development, production and commercialization of solutions that seek to replace existing standards of care, the Company is committed to providing rapid and effective biologics that improve patient experiences and outcomes, while reducing costs and unnecessary surgeries.
MediWound’s first drug, NexoBrid®, is an FDA-approved orphan biologic for eschar removal in severe burns that can replace surgical interventions and minimize associated costs and complications. Utilizing the same core biotherapeutic enzymatic platform technology, MediWound has developed a strong R&D pipeline including the Company’s lead drug under development, EscharEx®. EscharEx is a Phase III biologic for debridement of chronic wounds with significant advantages over the $300 million monopoly legacy drug and an opportunity to expand the market. The Phase III study is expected to start in Q4 2023. Additionally, MediWound has a Phase I/II biologic for basal cell carcinoma, MW005, with results expected in Q3 2023.
For more information visit www.mediwound.com and follow the Company on LinkedIn.
Contacts :
Hani Luxenburg Chief Financial Officer MediWound Ltd. ir@mediwound.com Monique Kosse Managing Director, LifeSci Advisors 212-915-3820 monique@lifesciadvisors.com

Frequently Asked Questions

When will MediWound release Q1 2023 financial results?

MediWound will release its financial results on May 30, 2023.

What is MediWound's first FDA-approved drug?

MediWound's first FDA-approved drug is NexoBrid® for severe burn eschar removal.

How can I access the MediWound conference call?

Participants can access the call by dialing the provided toll-free number five minutes early.

What is the focus of MediWound's therapeutics?

MediWound specializes in next-generation enzymatic therapeutics for non-surgical tissue repair.

What is the lead drug in MediWound's pipeline?

The lead drug in MediWound's pipeline is EscharEx®, a Phase III biologic for chronic wounds.

Last updated: May 12, 2023