MediWound (MDWD) Research & Development (2013 - 2025)

MediWound (MDWD) recorded quarterly Research & Development of $4.5 million in Q4 2025, up 29.24% quarter-over-quarter from $3.5 million in Q3 2025, and up 49.97% on a YoY basis from $3.0 million in Q4 2024.

MediWound (MDWD) Research & Development (2013 - 2025) Analysis & Trends

MediWound's Research & Development history runs 13 years deep, the most recent figure standing at $4.5 million for Q4 2025.

  • In Q4 2025, Research & Development rose 49.97% year-over-year to $4.5 million; the TTM figure through Dec 2025 stood at $14.3 million (up 61.3% YoY), while the FY2025 annual figure was $14.3 million, up 61.3% from the prior year.
  • Research & Development was $4.5 million for Q4 2025 at MediWound, up from $3.5 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $4.5 million in Q4 2025 to a low of $1.5 million in Q1 2024.
  • Historically, Research & Development has averaged $2.6 million across 5 years, with a median of $2.5 million in 2021.
  • The sharpest annual moves came in 2023 and 2025: Research & Development slumped 46.83% in 2023, then soared 96.33% in 2025.
  • A 5-year view of Research & Development shows it stood at $2.5 million in 2021, then grew by 9.67% to $2.7 million in 2022, then tumbled by 33.01% to $1.8 million in 2023, then soared by 65.15% to $3.0 million in 2024, then jumped by 49.97% to $4.5 million in 2025.
  • The last three Research & Development figures came in at $4.5 million (Q4 2025), $3.5 million (Q3 2025), and $3.5 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alterity Therapeutics 719,706.53 Bn 719,706.50 Bn - 4.32 Mn
2 Belite Bio 55,800.00 Bn 55,800.00 Bn - 15.66 Mn
3 Quantum Biopharma 18,182.30 Bn 18,182.29 Bn - 626,092.00
4 Legend Biotech 3,154.00 Bn 3,153.71 Bn 242.10 Mn -101.30 Mn
5 Akari Therapeutics 1,844.30 Bn 1,844.29 Bn - 1.46 Mn
6 Evaxion A 1,567.96 Bn 1,567.94 Bn - -2.30 Mn
7 Psyence Biomedical 251.43 Bn 251.42 Bn - 357,444.00
8 Vertex Pharmaceuticals 112.56 Bn 105.31 Bn 2.59 Bn 961.60 Mn
9 Abivax 94.37 Bn 94.37 Bn - -58.00 Mn
10 MediWound 3.70 Mn 3.70 Mn 278,000.00 4.48 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 4.48 Mn
Sep 30, 2025 3.47 Mn
Jun 30, 2025 3.49 Mn
Mar 31, 2025 2.89 Mn
Dec 31, 2024 2.99 Mn
Sep 30, 2024 2.52 Mn
Jun 30, 2024 1.90 Mn
Mar 31, 2024 1.47 Mn
Dec 31, 2023 1.81 Mn
Sep 30, 2023 1.53 Mn
Jun 30, 2023 2.02 Mn
Mar 31, 2023 2.10 Mn
Dec 31, 2022 2.70 Mn
Sep 30, 2022 2.88 Mn
Jun 30, 2022 2.19 Mn
Mar 31, 2022 2.41 Mn
Dec 31, 2021 2.46 Mn
Sep 30, 2021 2.90 Mn
Jun 30, 2021 2.66 Mn
Mar 31, 2021 2.24 Mn