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$1.04 mesoblast limited

OK, I just read the article provided by @07Gerard and it looks...

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benelong

1,245 Posts.

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16/03/24

16:03

Post #: 72921331
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Originally posted by benelong: ↑

With respect LED, while everybody knows that the trials were conducted in the US, I think that the term "clinical work" misguides a quick look. What the article should have said is that all the submissions of results of clinical studies and applications for approval, wherever they are done, come from Collins Street, Melbourne. A foreign company owns the patents and products. And for some reason that carries less weight with the FDA.

I have not read the whole article but the bit that Wilba32 quotes just says that stuff from Australia may not have the same resonance with the FDA as it would if it came from, say, Md., even if it looks good. Home grown is best. All we need is a TO from a US company and all those rocket gifs would be blazing

It was loose terminology and could reduce confidence in the article. I'll remember that when I read it.

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OK, I just read the article provided by @07Gerard and it looks pretty sound to me. Just sloppy about "clinical work". The real point of the objections here is a few words earlier in the article - "the company is located in Australia, not in the United States". Just take out the next bit about clinical work being done down under and the quality improves greatly

MSB Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
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