MSB 7.03% $1.33 mesoblast limited

Ann: FDA Accepts Mesoblast's BLA Resubmission for Remestemcel-L, page-131

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  1. 7,860 Posts.
    lightbulb Created with Sketch. 1350
    We've been over this already - there is a big misunderstanding here that the accelerated approval means the heart failure indication will be commercialised soon - this is not the case. Again IMO.

    The evidence is not there - they failed the first study, found some interesting potential areas to investigate further, and have now discussed the potential for accelerated approval - meaning approval based on a surrogate endpoint for a future study. They won't do this retrospectively, that's not how it works.

    So that is still years and many cap raises away.

    A lot of this is absolutely hype. This is a billion dollar company bleeding money left and right and continue to fail to prove their products work.

    Maybe third times the charm

    imo.

    good luck

    I hope I'm wrong
 
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