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| Date | Value |
|---|---|
| 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 |