"Novartis will reimburse Mesoblast up to US$50 million on the achievement of certain milestones related tothe successful implementation of its next-generation manufacturing processes using its proprietary media and three-dimensional bioreactors aimed at delivering substantial manufacturing efficiencies"
I hope Novartis put a timetable on the 3D bioreactors for their milestone payments, otherwise they might be in for a long wait. These reactors have been a pipedream work in progress for MSB for the last 5 or 6 years.
Does anyone else have an inkling that this could have something to do with the recent joint announcement by Fujifilm and Lonza (MSB's CDMO) to collaborate on iPSC technology?
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