This day will go down in the history books.
27/3/2024.
The day that US regulators finally allowed a product in the making for more than 30 years reimbursement while saving the lives of children.
Congratulations to all at Mesoblast.
Today will also be recorded as the day that Mesoblast became cash positive.
Those 9 insurance companies were not picked by random nor will the next 9 be. IMO they were chosen because we had patients needing our product and those patients had cover by the insurer. 9 x 1.5 = US$ 13.5 million . This would represent around 1 month of patients. At that rate 2 X the forecast expenditure.
Ann: Ryoncil Is Now Available For Purchase In The United States, page-136
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