Financial PerformanceThe 12-month price target is raised to $36 per diluted share from $31, driven by manufacturing expansion and the expectation of a permanent CPT code.
Manufacturing ExpansionMediWound announced the commissioning of its expanded manufacturing GMP facility for NexoBrid, increasing production capacity sixfold to support growing global demand.
Market Growth OpportunitiesNexoBrid has achieved penetration into over 60 US burn centers, and a permanent US CPT code along with increased drug supply could result in further growth.