Well I've been wrong on a couple of things.
I was wrong to suggest that the BLA resubmission had a 50% chance of success
But I was right that they would finally have to do another proper clinical trial for aGVHD, and that resubmitting the BLA wouldn't be a satisfactory milestone to unlock the additional Oaktree Loan.
I was right that Oaktree wouldn't extend the loan agreement.
I was right that Novartis was going to walk away from the collaboration for Covid ARDS research.
I was right that apart from the claimed success in the unsatisfactory single arm open label trial for aGVHD, every Mesoblast trial has failed to achieve the primary endpoint.
I was right that Mesoblast has effectively run out of funds, and will have difficulty finding another sucker.
Well I've been wrong on a couple of things. I was wrong to...
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