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$1.05 mesoblast limited

I wouldn't worry about this one way conversation- it is just not...

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ddwn

12,281 Posts.

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26/02/20

17:16

Post #: 43169326
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Originally posted by Treed ↑

OK, in the absence of an answer for my question to MaxyBro here is an answer;

The $19 million median figure represents less than one percent of the average total cost of developing a new drug, which in recent years has been estimated at between $2 to $3 billion.

From the September 24, 2018 Johns Hopkins Bloomberg School of Public Health article;

Clinical trials to obtain FDA approval typically account for small proportion of total drug research and development costs, study suggests.

https://www.jhsph.edu/news/news-rel...g-FDA-approval-are-fraction-of-total-tab.html

But that is only for drugs. That Mesoblast can do 3 for $500m to the end of Phase 3 is by comparison a very economical use of funds, there will be more to spend but I suspect not even close to a billion for all 3 based on the size of the funds secured for those purposes.

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I wouldn't worry about this one way conversation- it is just not worthwhile!

MSB Price at posting: $2.42 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.05		Change -0.015(1.41%)		Mkt cap ! $1.198B

Open	High	Low	Value	Volume
$1.09	$1.09	$1.05	$4.232M	3.978M

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No.	Vol.	Price($)
4	61694	$1.05

Sellers (Offers)

Price($)	Vol.	No.
$1.06	45910	3

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No.	Vol.	Price($)
4	61694	1.050
5	205370	1.045
9	131413	1.040
5	191185	1.035
6	60439	1.030

Price($)	Vol.	No.
1.060	45910	3
1.065	10650	3
1.070	79000	3
1.075	11047	2
1.080	76190	6

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Last $1.06			Change -0.015 ( 0.63 %)
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