MSB 6.00% 94.0¢ mesoblast limited

Thanks for this great post, @LeftYahoo. Sharp observations on...

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    Thanks for this great post, @LeftYahoo.

    Sharp observations on the FDA response to the alternate 'stem cell' therapies. Yes, FDA hasn't completely dropped their standards during these emergency times and throwing these competitors to phase 2 dosing studies is quite telling given their supposed 'equivalent' or even longer history in ARDS studies. That level of concern will probably remain throughout any future phase 3 studies. It was also interesting that ATHX did not have "all case mortality" as the primary endpoint in their study. That seems to fly in the face of the recent FDA guidance for some of these novel therapies. Any thoughts on that? Have Athersys really engaged the FDA adequately so that their study results will lead to eventual FDA approval or are they just attempting to mitigate a primary end point failure readout and hope their "Ventilator free days" primary outcome is enough for an EUA for now. Maybe then raise some funds off the back of that for a proper study for formal FDA approval of an ARDS indication?

    Anyway, I think if Mesoblast can solve the ARDS problem for now in their phase 3 study then that will take the pressure off the FDA to compromise any further with competitor trials. No more free kicks under the EUA banner. However a key issue there will be Mesoblast's ability to convince FDA of imminent volume production.
 
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