Mesoblast Advances Cellular Medicines Amid FDA Hopes

Mesoblast (MESO) has released an update.

Mesoblast Limited is making strides in advancing its late-stage pipeline of innovative cellular medicines targeting serious inflammatory diseases. The company is preparing to launch Ryoncil®, a treatment for steroid-refractory acute GvHD in children, pending FDA approval, and has secured $50 million to support commercialization efforts. Additionally, Mesoblast is progressing with a Phase 3 trial for rexlemestrocel-L to address chronic low back pain, highlighting its potential to enhance shareholder value through strategic partnerships and financial discipline.

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