OCT 2019 A$75m
The net proceeds will principally be used to build product inventory and a targeted United States sales force in preparation for the potential United States commercial launch of remestemcel-L in the treatment of pediatric steroid-refractory acute graft versus host disease.
MAY 2020 A$138m
A significant portion of the net proceeds will be used to scale-up manufacturing of the Company’s lead product candidate remestemcel-L for the treatment of critically ill patients suffering with diseases caused by cytokine release syndromes associated with high mortality, particularly COVID-19 acute respiratory distress syndrome (ARDS)
Why would MSB raise money after already raising over $200m in 8 months.??
MSB also have a facility with Nova for GvHD.
doesn't make sense, as Ped aGvHD numbers haven't changed.
Ann: Trading Halt, page-380
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| Open | High | Low | Value | Volume |
| 99.5¢ | $1.02 | 97.0¢ | $2.821M | 2.832M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20688 | 97.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 35000 | 3 |
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