MSB 10.4% $1.49 mesoblast limited

Future Company Valuations in general & MSB, page-17

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    "because someone, somewhere has to make a decision about what the health system can afford"

    That I believe is precisely what Japanese National Health Insurance did, they assigned a value versus what is costs them to reimburse for treating people in the conventional way previously. Doubtless there was some bargaining going on but that is the value they agreed to.
 
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