MSB 10.4% $1.49 mesoblast limited

Here's my take:1. Great result "60% reduction in death" which...

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  1. 101 Posts.
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    Here's my take:

    1. Great result "60% reduction in death" which was "the pre-specified endpoint of cardiac death"
    2. But "no reduction in non-fatal recurrent decompensated heart failure events, which was the trials primary endpoint"

    Point 2 worried me until rereading, specifically "This suggests that rexlemestrocel-L reduces mortality by mechanisms that are distinct from those of existing drugs that reduce hospitalization rates but do not significantly impact cardiac mortality"

    I interpret this to mean that there is no real benefit over existing medications in terms of recurring events, BUT a huge benefit of 60% of not dying from the disease.

    If I have interpreted this correctly, then I'll take those odds any day.
 
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