I concur everything you have said ddwn,
Dplane's summary of this mornings Oncologic Drugs Advisory Committee (ODAC) hearing was excellent and much appreciated.
The Hook-up with SI discussing the recent event around 10.30am this morning really did not sink in and I think he like most of us were a bit exhausted with the process.
There are many who have been so positive thru this journey and I personally wanted to thank ecoool2 as he was my tipping point for joining the believers.
This pandemic has been a serious topic at home with my RN wife who works on the frontline with aged care patients - what MSB debated today was for its remestemcel-L product, a candidate treatment for paediatric steroid-resistance acute graft versus host disease (paediatric SR-aGvHD) and got the tick, this is fantastic news for kids but not the solution to Covid-19 as I think many SP buyers jumped on board based on rumour, it's not a vaccine and we may never find one as this bug is viral & mutates.
My understanding of Mesoblast is their extraordinary vision of what Stemcell technology will bring to those who face death in ICU's wards on ventilators, wombat777 pointed out earlier around 36% of people that end up in the ICU on ventilators with Acute Respiratory Distress {ARDS} caused by COVID will die & if Mesoblast's allogeneic stemcell product is approved by the FDA soon it should significantly reduce that mortality rate.
So we offer a treatment - not a cure
As for their other developments, with the phase 3 readouts of Heart Failure and Chronic Lower Back Pain trials underway (hopefully by end Sep) our investment in Mesoblast is sound & solid moving forward no matter what the financial manipulators try to do.
This is not financial advice either Mr Moderator.
ST
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