MSB 7.69% $1.19 mesoblast limited

re: Ann: Positive Heart Failure Trial Results... As mentioned by...

  1. 632 Posts.
    re: Ann: Positive Heart Failure Trial Results... As mentioned by Peace....

    Fierce biotech coverage...

    Mesoblast is taking center stage today at the American Heart Association's annual meeting with some impressive new data from a small mid-stage study of its stem cell therapy--Revascor--for heart failure. While only recruiting 45 patients for the trial, patients suffering from congestive heart failure demonstrated an 80% drop in the risk of further cardiac events. And while the treatment is still some years away from potential commercialization, analysts were pointing to the therapy's blockbuster potential if late-stage studies back up the early results.

    Bell Potter Securities analyst Stuart Roberts, who has already touted the treatment's ability to rebuild heart muscle while improving blood flow, noted that this is the most detailed data yet seen on a treatment built out of mesenchymal stem cells, according to a report in Bloomberg. He added: "Applications in heart failure, in heart attacks and in chronic angina represent multibillion-dollar market opportunities."

    Read more: Mesoblast's Revascor demonstrates blockbuster potential in small CHF study - FierceBiotech http://www.fiercebiotech.com/story/mesoblasts-revascor-demonstrates-blockbuster-potential-small-chf-study/2011-11-14#ixzz1djqB6yCI
    Subscribe: http://www.fiercebiotech.com/signup?sourceform=Viral-Tynt-FierceBiotech-FierceBiotech


 
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