MediWound's NexoBrid Shows Significant Beneficial Impact On Pediatric Burn Patients

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  • MediWound Ltd MDWD has announced topline results from Phase 3 pediatric study with NexoBrid to treat severe thermal burns. 
  • The 145-subject study met its three primary endpoints. 
  • NexoBrid demonstrated a significant reduction in time to achieve complete eschar (burn tissue) removal and a substantial decrease in wound area requiring surgical excision while demonstrating non-inferiority to standard-of-care in quality of scars. 
  • The study also met certain secondary endpoints showing a statistically significant reduction in the incidence of surgical excision and a drop in the need for autograft in deep partial burns and a favorable trend in reducing blood loss during the eschar removal process. 
  • In addition, the study showed that NexoBrid was safe and well-tolerated.
  • The long-term follow-up for cosmesis and function, quality of life, and safety measurements are ongoing, and data is expected in 1H of 2023.
  • No deleterious effect on wound healing was observed, and NexoBrid was found to be safe and well-tolerated. 
  • No safety concerns were identified in the study population.
  • NexoBrid is approved in the European Union and other international markets.
  • Price Action: MDWD shares are trading higher by 16.3% at $5.22 premarket on the last check Tuesday.
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