Mesoblast Limited (AU:MSB) has released an update.
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Mesoblast Limited is poised for a major breakthrough with the potential FDA approval of their product RYONCIL for treating children with a severe immune reaction, as well as advancing other therapies in their pipeline for various inflammatory diseases. The company is actively preparing for commercial launch, targeting high-volume treatment centers, and has also received support from the FDA for expedited pathways for their novel therapies. Notably, their advancements include a confirmatory Phase 3 trial for chronic low back pain and receiving designations that could fast-track RYONCIL and REVASCOR for serious heart disease in children.
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