MSB 11.1% $1.10 mesoblast limited

Ann: Update on BLA for Graft Versus Host Disease, page-2

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    Melbourne, Australia; October 2, 2020 and New York, USA; October 1, 2020: Mesoblast
    Limited (ASX:MSB; Nasdaq:MESO), global leader in allogeneic cellular medicines for inflammatory
    diseases, announced today that the US Food and Drug Administration (FDA) has issued a Complete
    Response Letter to its Biologics License Application (BLA) for remestemcel-L for the treatment of
    pediatric steroid-refractory acute graft versus host disease (SR-aGVHD). While the Oncologic Drugs
    Advisory Committee (ODAC)1 of the FDA voted 9:1 that the available data support the efficacy of
    remestemcel-L in pediatric patients with SR-aGVHD, the FDA recommended that Mesoblast conduct at
    least one additional randomized, controlled study in adults and/or children to provide further evidence
    of the effectiveness of remestemcel-L for SR-aGVHD. As there are currently no approved treatments
    for this life-threatening condition in children under 12, Mesoblast will urgently request a Type A
    meeting with the FDA, expected within 30 days, to discuss a potential accelerated approval with a
    post-approval condition for an additional study.
    Joanne Kurtzberg, MD, Jerome Harris Distinguished Professor of Pediatrics, Director, Pediatric Blood
    and Marrow Transplant Program, and Co-Director, Stem Cell Transplant Laboratory Duke University
    Medical Center, said: “The Phase 3 trial results showed that remestemcel-L provides a meaningful
    treatment for children with SR-aGVHD who have a very dismal prognosis. I look forward to having this
    much-needed therapy available to our patients.”
    Mesoblast is currently conducting a randomized, controlled Phase 3 trial evaluating remestemcel-L in
    up to 300 ventilator-dependent adults with moderate to severe acute respiratory distress syndrome
    (ARDS) due to COVID-19. A second interim analysis by the trial’s independent Data Safety Monitoring
    Board is expected in early November, with completion of patient enrollment expected in December.
    COVID-19 ARDS is an inflammatory disease with a similar profile of damaging inflammatory cytokines
    as is seen in children with SR-aGVHD, and is the primary cause of death in COVID-19 infection. The
    trial’s primary endpoint is reduction of all-cause mortality within 30 days of randomization.
    The FDA also identified a need for further scientific rationale to demonstrate the relationship of
    potency measurements to the product’s biologic activity. Assays measuring the potency of
    remestemcel-L will continue to be refined to provide further scientific rationale for its use in severe
    inflammatory diseases with high mortality risk, such as SR-aGVHD and COVID-19 ARDS.
    Mesoblast Chief Executive Dr Silviu Itescu stated: “We are working tirelessly to bring remestemcel-L
    to patients with life threatening inflammatory conditions, including SR-aGVHD and COVID-19 ARDS.”
 
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