Mesoblast, a stem cell biotechnology company, is on fire right now. Investors are rallying behind Mesoblasts COVID-19 treatment (Remestemcel-l). MESO’s phase I trial resulted in an 83% (10 out of 12) survival rate. Remestemcel-L is now under Phase II trials with 300 COVID-19 patients. A pleasing survival rate could see MSB erupt like a volcano.
While COVID-19 is moving Mesoblast into the spotlight, investors must understand that success is not new for MESO. Take away the COVID-19 hype. You are then have nine drug candidates ranging from chronic lower back pain, to cardiovascular and pediatric diseases.
disallowedlink/2020/06/02/gilead-produces-mixed-covid-19-trial-results-investors-now-look-to-mesoblast/
Cell Therapy News/Articles, page-3122
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