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Non-dilutive funding reduces cash burn and supports a near-term IND path, a potential valuation catalyst if regulatory milestones progress.
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MediWound (MDWD) received another $3.3 million in non-dilutive DoW funding, lifting the program budget to $21.8 million to advance a room-temperature-stable NexoBrid formulation for battlefield burn care toward an IND submission. The initiative supports CMC development, in-house cGMP manufacturing, and clinical batch production, under Vericel’s North American license, potentially expanding NexoBrid’s applicability in austere settings.
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