By Elias Schisgall
MediWound shares fell after the company cut its outlook for 2025 revenue, citing the U.S. government shutdown as weighing on revenue in the fourth quarter.
Shares fell 6.3% to $17.53 in Monday morning trading. The stock is down 4.2% over the past year.
The Israeli biopharmaceutical company said Monday it expects to report $17 million in 2025 revenue. It had previously guided for $24 million in revenue for the year in May.
The company said it expects revenue to grow to between $24 million and $26 million in 2026, rising to between $32 million and $35 million in 2027 and between $50 million and $55 million in 2028.
"While U.S. government shutdown--related delays impacted revenue recognition in our fourth quarter results, and certain activities are still pending, we believe these effects are timing-related, and that we now have the key elements in place to continue executing our strategy, as reflected in our revised three-year revenue guidance," Chief Executive Officer Ofer Gonen said.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
January 12, 2026 10:47 ET (15:47 GMT)
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