MediWound Says Burn Treatment NexoBrid Approved In India
(RTTNews) - Biopharmaceutical company MediWound Ltd. (MDWD) announced Tuesday it has gained marketing approval of NexoBrid in India. MediWound has signed an agreement granting Indian peer Bharat Serums and Vaccines Ltd. the exclusive right to market and distribute NexoBrid in India for the treatment of severe burns.
Bharat Serums and Vaccines is expected to begin commercializing NexoBrid in India in the first half of 2023. NexoBrid is already approved in 42 countries as a burn treatment.
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Indian shares were notably lower in early trade on Monday after U.S. President Donald Trump signed three separate executive orders, imposing 25 percent on goods from Mexico and Canada, and 10 percent on all imports from China, instigating a trade war that's set to reshape global supply chains.
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Thai Shares May Take Further Damage On Monday
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China Manufacturing Sector Fades In January - Caixin
The manufacturing sector in China continued to expand in January, albeit at a slower pace, the latest survey from Caixin revealed on Monday with a PMI score of 50.1
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Indonesia Shares May Head South Again On Monday
The Indonesia stock market on Friday snapped the three-day losing streak in which it had stumbled more than 180 points or 2.6 percent. The Jakarta Composite Index now sits just above the 7,100-point plateau Although it's likely to open under water on Monday.
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Japanese Market Sharply Lower, Down 2%
The Japanese stock market is sharply higher on Monday, snapping the three-session winning streak, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 falling more than 2 percent to be just above the 38,700 level, with weakness across most sectors led by index heavyweights, automakers and technology stocks.
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