MSB 0.69% $1.44 mesoblast limited

Ann: Litigation Update, page-58

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  1. 1,218 Posts.
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    Ahhhhaaaaahaa, aaahhhhhaaaa tongue.pngtongue.pngtongue.png,
    I just read the allegations. Seriously!

    Allegations
    The consolidated class action alleges that Mesoblast breached its continuous disclosure obligations and engaged in misleading and deceptive conduct by:
    1.misrepresenting the efficacy and potential benefit of treating patients suffering from SR-aGVHD or COVID-19 ARDS with R-L;

    2.misrepresenting the significance of trial results, including the relevance of earlier studies, post hoc analysis and data collated for controls and contrast;

    3.not disclosing to the market material information, including the deficiencies in the study design and statistics presented;

    4. and not disclosing all information required for investors to be able to reasonably assess the likelihood of whether R-L would be shown to be effective in treating SR-aGVHD or COVID-19 ARDS, and then be commercialised on that basis.


    DYOR <--------------------------<---------------------------

    https://clinicaltrials.gov/study/NCT02336230?cond=Remestemcel-L&rank=9&tab=history

    You can even see the updates side by side. 2018 and 2020
    https://classic.clinicaltrials.gov/ct2/history/NCT02336230?B=9&A=5&C=merged#StudyPageTop

    Two whole minutes of my time

 
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