Rookie investor here... I bought in to Mesoblast recently (very small amount) because everything on the surface appears that big things are about to happen but I kept trying to find information on whether their treatements actually work. I couldnt find the results of their trials which was frustrating. If they were so successful why wouldnt the company be promoting this as their number one selling point.
Came across this article which confirmed my doubts about whether the treatements are actually effective or not. Truth is that theyre almost no better than placebo so I sold my shares today.
The closer they get to finishing the trials the closer we get to finding out this truth, they have three projects in phase 3 so that should be soon so Im bailing before that happens.
Cell Therapy News/Articles, page-259
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