On the other hand..... Jakafi costs 60,000 USD per year, where as Reme is expected to be around 5 times that, and I am pretty sure the licence agreement included the option for Novartis to be world wide distributer of Reme for GvHD.
So they have their hands in both GvHD pies if they so desire, plus ARDS / COPD. plus who knows what down the line... probably Sepsis.
Novartis are weighing up buying in with Mesoblast and Jakafi sales will suffer but overall Novartis should make a lot more money ..... vs not buying in and they simply loose Jakafi sales and continue not to participate in ARDS for years.
MSB Price at posting:
$1.93 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)