Commercial plans for Ryoncil™ were presented at the 2020 Biotech Showcase being held in San Francisco, CA on Jan 15, 2020.
On this day MSB share price was A$2.30-2.40
At this time, Mesoblast Chief Executive Dr. Silviu Itescu said: “We begin 2020 with great excitement as we prepare for potential FDA approval and US launch of our lead product candidate Ryoncil™ in pediatric aGVHD, a potentially life-threatening complication of an allogeneic bone marrow transplant. The continued growth in revenues from royalties on sales in Japan of the related product TEMCELL® for aGVHD by our licensee provides important insight for our own US commercial plans. Together with our strategic partners, we are also looking forward to readouts of Phase 3 trials for our blockbuster product candidates in advanced chronic heart failure and chronic low back pain due to degenerative disc disease.”
6 months later MSB share price is A$3.90
And we still have all of the news quoted above to come plus COVID ARDS trial…..
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