Access, Clal, Blavatnik disclose 1,481,521 MDWD shares (11.56%)

Rhea-AI Filing Summary

MediWound Ltd. (MDWD): Schedule 13D/A Amendment No. 6 filed by Access Industries affiliates, Clal entities, and Len Blavatnik updates ownership details. The group reports beneficial ownership of 1,481,521 Ordinary Shares, representing 11.56% of the class, based on 12,821,433 shares outstanding as of September 30, 2025.

Most reporting persons list shared voting and dispositive power over 1,481,521 shares. Clal Life Sciences L.P. directly owns 1,172,710 shares (9.15%) with sole voting and dispositive power. Clal Biotechnology Industries Ltd. directly owns 308,811 shares and may be deemed to share voting and investment power over the 1,172,710 shares held by Clal Life Sciences L.P. The amendment revises Items 5(a) and 5(b); the date of event is September 30, 2025.

Insights

Equity ownership analyst

Ownership group reports 11.56% of MDWD as of late Q3 2025.

The filing lists Access Industries affiliates, Clal entities, and Len Blavatnik as reporting persons with aggregate beneficial ownership of 11.56% or 1,481,521 Ordinary Shares. Percentages are calculated against 12,821,433 shares outstanding as of September 30, 2025.

Control attributes are mainly shared voting and dispositive power at the top entities. Clal Life Sciences L.P. holds 1,172,710 shares with sole power, while CBI holds 308,811 directly and may be deemed to share power over CLS’s stake through the ownership chain described. The amendment specifically updates Items 5(a) and 5(b).

Implications hinge on future changes to this stake or voting alignment; this update formalizes current positions without specifying transactions or timing beyond the September 30, 2025 event date.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 6)

MediWound Ltd.

(Name of Issuer)

Ordinary Shares, par value NIS 0.07 per share

(Title of Class of Securities)

M68830112

(CUSIP Number)

Alejandro Moreno
c/o Access Industries, Inc., 40 West 57th Street, 28th Floor
New York, NY, 10019
(212) 247-6400

Langhorne S. Perrow
c/o Access Industries, Inc., 40 West 57th Street, 28th Floor
New York, NY, 10019
(212) 247-6400

Nicholas P. Pellicani
Debevoise & Plimpton LLP, 28 Tudor Street
London, X0, EC4Y 0AY
44 20 7786 9000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

09/30/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. M68830112

1

Name of reporting person

Access Industries Holdings LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,481,521.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,481,521.00

11

Aggregate amount beneficially owned by each reporting person

1,481,521.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

11.56 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

All percentages of ownership of the Ordinary Shares by Reporting Persons presented in this Schedule 13D are based on an aggregate of 12,821,433 Ordinary Shares issued and outstanding as of September 30, 2025 as set forth in the Issuer's prospectus supplement filed with the Securities and Exchange Commission (the "SEC") on September 30, 2025.

SCHEDULE 13D

CUSIP No. M68830112

1

Name of reporting person

Access Industries, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,481,521.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,481,521.00

11

Aggregate amount beneficially owned by each reporting person

1,481,521.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

11.56 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

All percentages of ownership of the Ordinary Shares by Reporting Persons presented in this Schedule 13D are based on an aggregate of 12,821,433 Ordinary Shares issued and outstanding as of September 30, 2025 as set forth in the Issuer's prospectus supplement filed with the SEC on September 30, 2025.

SCHEDULE 13D

CUSIP No. M68830112

1

Name of reporting person

Access Industries Management, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,481,521.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,481,521.00

11

Aggregate amount beneficially owned by each reporting person

1,481,521.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

11.56 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

All percentages of ownership of the Ordinary Shares by Reporting Persons presented in this Schedule 13D are based on an aggregate of 12,821,433 Ordinary Shares issued and outstanding as of September 30, 2025 as set forth in the Issuer's prospectus supplement filed with the SEC on September 30, 2025.

SCHEDULE 13D

CUSIP No. M68830112

1

Name of reporting person

Clal Industries Ltd.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

ISRAEL

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,481,521.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,481,521.00

11

Aggregate amount beneficially owned by each reporting person

1,481,521.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

11.56 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

All percentages of ownership of the Ordinary Shares by Reporting Persons presented in this Schedule 13D are based on an aggregate of 12,821,433 Ordinary Shares issued and outstanding as of September 30, 2025 as set forth in the Issuer's prospectus supplement filed with the SEC on September 30, 2025.

SCHEDULE 13D

CUSIP No. M68830112

1

Name of reporting person

Clal Biotechnology Industries Ltd.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

ISRAEL

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 308,811.00
8	Shared Voting Power 1,172,710.00
9	Sole Dispositive Power 308,811.00
10	Shared Dispositive Power 1,172,710.00

11

Aggregate amount beneficially owned by each reporting person

1,481,521.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

11.56 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

All percentages of ownership of the Ordinary Shares by Reporting Persons presented in this Schedule 13D are based on an aggregate of 12,821,433 Ordinary Shares issued and outstanding as of September 30, 2025 as set forth in the Issuer's prospectus supplement filed with the SEC on September 30, 2025.

SCHEDULE 13D

CUSIP No. M68830112

1

Name of reporting person

Clal Life Sciences L.P.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

ISRAEL

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 1,172,710.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 1,172,710.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

1,172,710.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

9.15 %

14

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person:

All percentages of ownership of the Ordinary Shares by Reporting Persons presented in this Schedule 13D are based on an aggregate of 12,821,433 Ordinary Shares issued and outstanding as of September 30, 2025 as set forth in the Issuer's prospectus supplement filed with the SEC on September 30, 2025.

SCHEDULE 13D

CUSIP No. M68830112

1

Name of reporting person

Len Blavatnik

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,481,521.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,481,521.00

11

Aggregate amount beneficially owned by each reporting person

1,481,521.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

11.56 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

All percentages of ownership of the Ordinary Shares by Reporting Persons presented in this Schedule 13D are based on an aggregate of 12,821,433 Ordinary Shares issued and outstanding as of September 30, 2025 as set forth in the Issuer's prospectus supplement filed with the SEC on September 30, 2025.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Ordinary Shares, par value NIS 0.07 per share
(b)	Name of Issuer: MediWound Ltd.
(c)	Address of Issuer's Principal Executive Offices: 42 Hayarkon Street, Yavne, ISRAEL , 8122745.
Item 1 Comment: This Amendment No. 6 to Schedule 13D is being filed by Access Industries Holdings LLC ("AIH"), Access Industries, LLC ("Access LLC"), Access Industries Management, LLC ("AIM"), Clal Industries Ltd. ("Clal Industries"), Clal Biotechnology Industries Ltd. ("CBI"), Clal Life Sciences L.P. ("CLS") and Len Blavatnik (collectively, the "Reporting Persons" and each, a "Reporting Person") in respect of MediWound Ltd. (the "Issuer"). The agreement among the Reporting Persons relating to the joint filing of this Schedule 13D is attached as an exhibit hereto. The Schedule 13D filed by the Reporting Persons with the Securities and Exchange Commission (the "SEC") on March 17, 2022, as amended by Amendment No. 1 filed on July 1, 2022, Amendment No. 2 filed on September 26, 2022, Amendment No. 3 filed on February 13, 2023, Amendment No. 4 filed on September 1, 2023 and Amendment No. 5 filed on July 19, 2024 (the "Schedule"), is hereby amended and supplemented by the Reporting Persons as set forth below in this Amendment No. 6. This amendment is filed by the Reporting Persons in accordance with Rule 13d-2 of the Securities Exchange Act of 1934, as amended, and refers only to information that has materially changed since the filing of the Schedule. The items identified below, or the particular paragraphs of such items which are identified below, are amended as set forth below. Unless otherwise indicated, all capitalized terms used and not defined herein have the respective meanings assigned to them in the Schedule
Item 5.	Interest in Securities of the Issuer
(a)	Items 5(a) and (b) to the Schedule are hereby amended and restated as follows: (a) and (b) The responses of each of the Reporting Persons with respect to Rows 11, 12, and 13 of the cover pages of this Schedule 13D that relate to the aggregate number and percentage of ordinary shares, par value NIS 0.07 per share (the "Ordinary Shares") (including but not limited to footnotes to such information) are incorporated herein by reference.
(b)	The responses of each of the Reporting Persons with respect to Rows 7, 8, 9, and 10 of the cover pages of this Schedule 13D that relate to the number of Ordinary Shares as to which each of the persons or entities referenced in Item 2 above has sole or shared power to vote or to direct the vote of and sole or shared power to dispose of or to direct the disposition of (including but not limited to footnotes to such information) are incorporated herein by reference.
(d)	CBI owns directly 308,811 Ordinary Shares, and may be deemed to share voting and investment power over the 1,172,710 Ordinary Shares owned directly by CLS, the general partner of which, Clal Application Center Ltd., is wholly owned by CBI. CBI is a publicly traded company traded on the Tel Aviv Stock Exchange. Each of AIH, Access LLC, AIM, Clal Industries and Mr. Blavatnik may be deemed to share voting and investment power over the Ordinary Shares owned directly by CBI and CLS because (i) Len Blavatnik controls AIM, AIH, Access LLC and AI International GP Limited (the general partner of AI SMS, as defined below), (ii) AIM controls Access LLC and AIH, (iii) Access LLC controls a majority of the outstanding voting interests in AIH, (iv) AIH owns a majority of the equity of AI SMS L.P. ("AI SMS"), (v) AI SMS controls AI Diversified Holdings Ltd. ("Holdings Limited"), (vi) Holdings Limited owns AI Diversified Parent S.a r.l., which owns AI Diversified Holdings S.a r.l., which owns Access AI Ltd ("Access AI"), (vii) Access AI wholly owns Clal Industries, (viii) Clal Industries is the controlling shareholder of CBI, and (ix) CBI is the sole shareholder of Clal Application Center Ltd. The Reporting Persons, other than CBI and CLS, and each of their affiliated entities and the officers, partners, members and managers thereof, disclaims beneficial ownership of these securities.
Item 7.	Material to be Filed as Exhibits.
	Exhibit 99.3 Joint Filing Agreement (incorporated by reference to Exhibit 99.2 to Schedule 13D/A filed with the SEC on September 1, 2023).

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Access Industries Holdings LLC

Signature:	/s/ Alejandro Moreno
Name/Title:	By: Access Industries Management, LLC, its manager; its Executive Vice President, General Counsel/Alejandro Moreno
Date:	10/03/2025

Access Industries, LLC

Signature:	/s/ Alejandro Moreno
Name/Title:	By: Access Industries Management, LLC, its manager; its Executive Vice President, General Counsel/Alejandro Moreno
Date:	10/03/2025

Access Industries Management, LLC

Signature:	/s/ Alejandro Moreno
Name/Title:	Executive Vice President, General Counsel/Alejandro Moreno
Date:	10/03/2025

Clal Industries Ltd.

Signature:	/s/ Alon Heller
Name/Title:	VP Finance/Alon Heller
Date:	10/03/2025

Signature:	/s/ Nufar Malovani
Name/Title:	Deputy CEO and General Counsel/Nufar Malovani
Date:	10/03/2025

Clal Biotechnology Industries Ltd.

Signature:	/s/ Nufar Malovani
Name/Title:	Director/Nufar Malovani
Date:	10/03/2025

Signature:	/s/ Liat Nissan
Name/Title:	CFO/Liat Nissan
Date:	10/03/2025

Clal Life Sciences L.P.

Signature:	/s/ Nufar Malovani
Name/Title:	Director/Nufar Malovani
Date:	10/03/2025

Signature:	/s/ Liat Nissan
Name/Title:	Director/Liat Nissan
Date:	10/03/2025

Len Blavatnik

Signature:	*/s/ Alejandro Moreno
Name/Title:	By: Alejandro Moreno as Attorney-in-Fact for Len Blavatnik
Date:	10/03/2025

Comments accompanying signature:

*The above signed, by signing his name hereto, executes this Schedule 13D pursuant to the Limited Power of Attorney executed on behalf of Mr. Blavatnik and filed herewith

FAQ

What ownership stake in MDWD did the Access/Clal/Blavatnik group report?

They reported beneficial ownership of 1,481,521 Ordinary Shares, or 11.56% of MediWound’s outstanding shares.

What share count was used to calculate the 11.56% for MDWD?

Percentages are based on 12,821,433 Ordinary Shares outstanding as of September 30, 2025.

Which entity directly holds the largest MDWD block in this group?

Clal Life Sciences L.P. directly holds 1,172,710 shares (9.15%) with sole voting and dispositive power.

How many MDWD shares does Clal Biotechnology Industries Ltd. hold directly?

CBI directly holds 308,811 shares and may be deemed to share power over the 1,172,710 shares owned by Clal Life Sciences L.P.

What items were updated in this Schedule 13D/A amendment for MDWD?

The amendment revises Items 5(a) and 5(b), reflecting updated ownership and voting/dispositive power details.

What is the date of the event that required this MDWD filing?

The date of event is September 30, 2025.

Do the reporting persons have shared voting power over MDWD shares?

Yes. Several reporting persons list shared voting and dispositive power over 1,481,521 shares.