MSB 3.21% $1.13 mesoblast limited

Ann: Phase 3 Heart Failure Trial Size Substantially Reduced, page-17

  1. 3,053 Posts.
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    haha, gold.

    "More funding could be required if Teva partnership ceases: Partner Teva is currently funding
    phase 3 heart failure study through to an interim analysis of the data for the first ~120 patients. Its
    contractual obligation does not extend beyond this point however, meaning that it may decide not
    to fund the project further, depending on the outcome of the data. If this occurs, and MSB chooses
    to continue with the study under its own funding, cash burn would rise."

    This interim analysis was due 1Q16 - is it still going to happen? Who is funding this trial from here?
 
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