MSB 3.21% $1.13 mesoblast limited

re: Ann: MSB to Apply for Regulatory Approval... from the...

  1. 5,231 Posts.
    re: Ann: MSB to Apply for Regulatory Approval...
    from the announcement:
    "Mesoblast successfully completed an Australian clinical trial of its proprietary autologous stem cell therapy for the repair of non-healing long bone fractures of the legs. The bone repair product for this trial was manufactured by Cell Therapies."

    so, it's only the higher cost autologous, for non repairing fractures, but a very important first step. Might bring in a bit of revenue while the allogeneic cells are still being trialled. Im not sure how long the approval takes from TGA.
 
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