Ann: MSB Enters Into $75 Million Non-Dilutive Credit Facility, page-150

This MAY be Hercules intention in providing the funds....
The people who run Hercules are not big pharma but they are big players.
8 billion under investment is big money.
The management of Hercules is aging l8ke all of us. They want regen med therapies NOW not in 5 years. Hercules could be showing the market that they will back Mesoblast if they pass the trials.
They know big pharma has been dragging its feet with deals and money for years.
What Hercules is saying is the money for this new technology will be available so the masses can get the new treatments.
If no deal is made with big pharma and we have another indication pass phase 3 thenI can see Meso going it alone again.... Until big pharma starts offering the billion dollar deals like they are doing with cancer treatments
People are waiting for these new therapies to get to them and they are growing tired of waiting. People with big money and power.
Big Phaarma does not rule the world although they think they do (with their outdated drugs I may add)