MSB 7.69% $1.19 mesoblast limited

Ann: Positive Disc Repair Results Using Mesoblast, page-22

  1. 268 Posts.
    re: Ann: Positive Disc Repair Results Using M... All good things happening. Great to see confirmation of Capital continuing to top up another 1% and if prices stay below $6 I would expect to see them continue.

    Edison research came out with this last night:

    Mesoblast has reported positive results from its 100-patient Phase II trial of mesenchymal precursor cells (MPCs) in patients with chronic moderate-to-severe discogenic low back pain. The data show strong indications of sustained efficacy across a broad range of clinical and radiographic parameters and support a planned move into Phase III studies. We maintain our recently increased valuation of A$3.0bn (A$9.06/diluted share), noting that the use of a higher probability (50%) to reflect a possible Phase III start of the two spinal programmes would increase the rNPV to A$3.2bn or A$10.04/share.

    So more ticks and positive news to come. Spruik this to your friends and family, might be the best performer of the ASX200 for 2014!
 
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