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MediWound assumed with an Outperform at Oppenheimer

Oppenheimer assumed coverage of MediWound (MDWD) with an Outperform rating with a price target of $34, down from $36. The firm notes the company’s Q1 update highlighted progress across its clinical and commercial programs. Global EscharEx Phase 3 VALUE trial recruitment is underway, with most U.S. sites open, and interim data expected mid-2026. Given design similarities to Phase 2, Oppenheimer views Phase 3 as significantly derisked. MediWound’s strategic collaborations and overall key opinion leader enthusiasm further validate EscharEx’s clinical/commercial potential, the firm adds.

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