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Stock impact report

MediWound and Vericel win FDA paediatric label expansion for NexoBrid [Yahoo! Finance]

MediWound Ltd. - Ordinary Shares (MDWD) 
Last mediwound ltd. - ordinary shares earnings: 2/25 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.mediwound.com/press-releases
Company Research Source: Yahoo! Finance
eschar removal in paediatric patients with deep partial-thickness and/or full-thickness thermal burns. The current approval builds on MediWound's previous approval for the same indication in the adult population in January. It generated $19m in sales last year, as per MediWound's financials. GlobalData expects NexoBrid sales to maintain the upward trajectory and generate over $98m in sales by 2030. NexoBrid is a gel consisting of a sterile mixture of proteolytic enzymes, which selectively eliminate burn eschar within four hours without causing harm to surrounding viable tissue. It was developed by MediWound, with Vericel acquiring commercialisation rights to NexoBrid in North America in 2019. The FDA approval for NexoBrid was based on the positive Phase III Children Innovative Debridement Study (CIDS) (NCT02278718). The trial enrolled 145 children under 17 years of age and compared NexoBrid with the current standard of care for burns. The gel removed unhealthy tissue in the burn Show less Read more
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