MSB 1.40% $1.09 mesoblast limited

"Really? Unfortunately MSB is rather average example of a...

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    "Really? Unfortunately MSB is rather average example of a biotech company development : 10-15 years from founding to product launch (average of 10.5 years from Phase 1 to regulatory approval"

    But that refers only to those biotech development companies that get to actually launch a product, so hardly an average.

    If, for benchmarking, you want to invoke discussion about "average" biotechs, surely it behooves you to also incorporate the rate of success vs failure?

    .
 
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