MediWound Ltd., a fully integrated biopharmaceutical company focused on next-generation biotherapeutic solutions for tissue repair and regeneration, announced it has gained marketing approval of NexoBrid in India.
MediWound has signed an agreement granting Bharat Serums and Vaccines Limited (BSV), a leading biopharmaceutical company in India, the exclusive right to market and distribute NexoBrid in India for the treatment of severe burns. BSV is expected to begin commercializing NexoBrid in India in the first half of 2023, the statement said.
“Today’s approval of NexoBrid is a significant turning point for burn care patients and their families in India. NexoBrid offers a potentially transformative option for this population, and we are grateful that BSV has recognized the significance of the unmet medical need that NexoBrid addresses. At MediWound, we are working with health officials globally to make NexoBrid available to burn patients worldwide, beyond the 42 countries where it is already approved,” said Ofer Gonen, Chief Executive Officer.
Vishwanath Swarup, COO Domestic Operations, BSV added, “Burn treatment continues to remain a public health challenge in India. According to the National Health Portal of India, as many as seven million burn injuries are reported, with mortality rates as high as 140,000 per year. With proven scientific evidence of alleviating the known risks associated with eschar, such as infection, eventual sepsis, wound deterioration, and consequential scarring, NexoBrid allows physicians to reach an informed decision on further treatment at an earlier stage, thereby ensuring safer and more effective treatment.”
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