Yeah..... I don't mind the price being here for now,... basically a last chance to average down and reap the rewards to come.
I would have fallen off my chair if it were this price pre GvHD initial BLA...
Now...... it's almost a Disallowed, just to get to the pre BLA price for GvHD..... a Disallowed.
I'm expecting a monumental correction at the drop of good news, because it looks as if that is exactly what it will take.
Could be CHF accelerated approval, could be GvHD resubmission or approval, could be Back pain trial commencement.
Unbelievable upside. If it goes, probably some of the less advanced therapies will start to move in response, and be sucked into the slip stream.
Mesoblast in Freefall, page-884
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