MediWound Shares Slide This Week; BARDA Moves in Focus
MediWound Ltd. closed Friday at $14.33, off 1.6% for the day and down about 13.6% since May 22. The market cut its outlook for the wound-care drug company’s near-term revenue. Shares slid hardest on Wednesday, dropping 14.1% on 451,100 shares traded. MediWound shares moved lower even as the Nasdaq Composite finished higher on Friday, ending its best two-month run in over 20 years. The selloff stands out, pointing to questions around the company and not a broad biotech slump.