MSB 0.00% $1.10 mesoblast limited

BP agrees 0234 GMT [Dow Jones] The publication of Mesoblast's...

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    BP agrees



    0234 GMT [Dow Jones] The publication of Mesoblast's (MSB.AU) results from its
    Phase II congenital heart failure study in the peer-reviewed American Heart Association
    journal Circulation provides further validation of the methodology used, as well as the
    conclusions reported from the study, says Bell Potter. Analyst Tanushree Jain says the
    results have now undergone multiple validations which should serve to reassure investors
    about their integrity. Notes interim results of a Phase III trial are expected in the
    first quarter of calendar 2016, which seems an achievable timeline given the trial is
    recruiting well across North America, Jain says in a research note. Maintains Buy rating.
    ([email protected]; @beckthurlow)

    Editor: CNG


    (END) Dow Jones Newswires
    July 15, 2015 22:34 ET (02:34 GMT)
    Copyright (c) 2015 Dow Jones & Company, Inc.
    Thursday 16 July 2015 12:34:00.000 AEST
 
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