it's a sad state in the world when we ask AI complex questions and expect their information is gospel. The AI answer actually thinking Mesoblast will negotiate with over 1100 insurance companies (or a fraction) on pricing and coverage. It took them years to convince the FDA to approve the treatment, and that's one body. How long would it take Mesoblast to convince the top 100 insurance companies to cover Ryoncil and at what price? How do they set the price for each insurance company?
Mesoblast has set the WAC after 8 weeks.
Sometimes AI is really just artificial, another word for fake.
Let common sense reign.
MSB Price at posting:
$2.52 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)