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MediWound to Report Second Quarter 2024 Financial Results

Key Takeaway: MediWound Ltd. (Nasdaq: MDWD) announced it will report its financial results for the second quarter of 2024 on August 14, 2024. Following the results announcement, management will host a conference call to discuss the outcomes and provide corporate updates. The company specializes in next-generation enzymatic therapeutics with a focus on non-surgical tissue repair. Among its developments is NexoBrid, an FDA and EMA-approved product for treating thermal burns, as well as EscharEx, a promising drug in its pipeline for chronic wounds.
Price reaction · baseline $17.46 (2024-08-01 close) · hit after-hours · 1 other MDWD headline(s) in the window, move may be shared
day 0 close
+0.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • MediWound is set to report promising financial results for Q2 2024.
  • The company is recognized as a leader in next-generation enzymatic therapeutics.
  • MediWound's lead drug, NexoBrid, has regulatory approvals from the FDA and EMA.
  • The R&D pipeline includes EscharEx, a Phase III-ready biologic with significant market potential.

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, Aug. 02, 2024 (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 second quarter ended June 30, 2024 on Wednesday, August 14, 2024.
Following the release, management will host a conference call and live webcast at 8:30 am 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  An archived version of the webcast will be available for replay on the Investors section of the MediWound website.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. The Company specializes in the development, production and commercialization of rapid and effective biologics that improve existing standards of care and patient experiences, while reducing costs and unnecessary surgeries.
MediWound’s first drug, NexoBrid®, is an FDA and EMA-approved orphan biologic for eschar removal in deep partial-thickness and/or full-thickness thermal burns, which can significantly reduce surgical interventions. 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-ready biologic for the debridement of chronic wounds, offering significant potential advantages over the dominant $360+ million product and an opportunity to expand the market.
For more information visit www.mediwound.com and follow the Company on LinkedIn.
MediWound Contacts:
Hani Luxenburg Daniel Ferry
Chief Financial Officer Managing Director
MediWound Ltd. LifeSci Advisors, LLC
ir@mediwound.com daniel@lifesciadvisors.com
Media Contact:
Ellie Hanson
FINN Partners for MediWound
ellie.hanson@finnpartners.com
929-588-2008

Frequently Asked Questions

When will MediWound's Q2 financial results be released?

MediWound will release its Q2 financial results on August 14, 2024.

What is MediWound's first approved drug?

MediWound's first approved drug is NexoBrid®, for eschar removal.

What drug is MediWound developing for chronic wounds?

MediWound is developing EscharEx® for the debridement of chronic wounds.

How can I access the conference call?

Dial the provided numbers at least 5 minutes before the call starts.

What market does MediWound's lead drug target?

EscharEx® aims to enter the $360+ million chronic wound market.

Last updated: Aug 2, 2024