MSB 5.24% $1.11 mesoblast limited

News: MSB Mesoblast says qtrly loss attributable $9.8 mln

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    May 25 (Reuters) - Mesoblast Ltd (MSB) :

    • Qtrly loss attributable to owners of Mesoblast limited $9.8 million versus loss of $16.9 million
    • Q3 revenue $901,000 versus $4.1 million
    • "There is uncertainty related to the group's ability to partner programs and raise capital at terms to meet the group's requirements"
    • "Uncertain related to group's ability to sustainably implement planned cost reductions and defer programs on timely basis while achieving expected outcomes"
 
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