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0.0503453237410072 0.0503453237410072 0.0492805755395684 0.0352517985611511 0.0358129496402878 0.0441726618705037 0.0444748201438849 0.0503597122302159
Stock impact report

BARDA Upsizes Contract with MediWound and Exercises Option to Fund Further NexoBrid® Indications

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: GlobeNewswire
YAVNE, Israel, July 19, 2017 (GLOBE NEWSWIRE) -- MediWound Ltd. (Nasdaq:MDWD), a fully integrated biopharmaceutical company specializing in innovative therapies to address unmet needs in severe burn and wound management, announces that the U.S. Biomedical Advanced Research and Development Authority (BARDA) has upsized its awarded contract with MediWound and exercised an option to fund further research and development (R&D) activities relating to NexoBrid®.  Under the modified signed contract, BARDA increased its committed funds to support NexoBrid R&D activities by $32 million to approximately $56 million, up from the original $24 million. BARDA maintains an additional option to further fund $10 million in development activities for other potential NexoBrid indications. The contract also maintains BARDA's $16 million commitment for procurement of NexoBrid, which is contingent upon the U.S. Food and Drug Administration (FDA) Emergency Use Authorization (EUA) and/or FDA marketing aut Show less Read more
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