MSB 5.24% $1.11 mesoblast limited

Ann: Trading Halt, page-365

  1. 2,101 Posts.
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    I would have to agree with this sentiment. End of the day none of us really knows what the deal is but we can make some educated guesses. If the FDA had rejected the application then that is a very unambiguous answer that does not require 3 days of TH. If its a no its a no simple as that.

    Most likely its either something complex (like post approval) or the FDA has simply not given an answer yet. But if they have given an answer I would doubt it was a straight up "no" as that doesn't require 3 days TH.

    Having said all of the above though I'm pretty dissapointed in either the FDA or MSB at this point and I cant decide whom is to blame. We get a 9-1 ODAC vote and then are told an absolute latest decision is September 30 and here we are having to wait some more.
    In short I don't like when goal posts are always shifting.

    Every person here was fully expecting we would have an outcome today at some point during the ASX session given both parties made clear September 30 was the latest to provide a decision.
    Other posters even went to the trouble of pointing out the FDA often makes decisions prior tIn o their deadlines by 3-4 days (which didn't occur either).

    Don't say September 30th is the deadline if its not going to be. Because thats where we are today and where we'll be tomorrow (past the deadline)
 
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