MSB 2.29% $1.07 mesoblast limited

So we have a product that will not do what it was originally...

  1. 134 Posts.
    lightbulb Created with Sketch. 135
    So we have a product that will not do what it was originally designed to do, but instead does something far greater by reducing deaths via heart attacks and strokes by 60% in prone patients!!

    This is not the first time a product was developed and it was found to be a multibillion dollar product but not in the field it was initially developed for:


    Viagra

    Viagra, was originally conceived as a treatment for hypertension, angina, and other symptoms of heart disease. But Phase I clinical trials revealed that while the drug wasn’t great at treating what it was supposed to treat, male test subjects were experiencing a rather unexpected side effect: erections. A few years later, in 1998, the drug took U.S. markets by storm as a treatment for penile dysfunction and became an overnight success. It now rakes in an estimated $1.9 billion a year.


    So our product does something extremely positive by decreasing deaths by 60% in heart and stroke prone patients; who cares what it was originally designed for, the goal posts have now changed into the big league!!
    Last edited by Wanderdog: 05/01/21
 
watchlist Created with Sketch. Add MSB (ASX) to my watchlist
(20min delay)
Last
$1.07
Change
-0.025(2.29%)
Mkt cap ! $1.216B
Open High Low Value Volume
$1.10 $1.13 $1.05 $8.152M 7.517M

Buyers (Bids)

No. Vol. Price($)
6 69963 $1.07
 

Sellers (Offers)

Price($) Vol. No.
$1.07 73154 3
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
$1.07
  Change
-0.025 ( 2.84 %)
Open High Low Volume
$1.09 $1.13 $1.05 1873215
Last updated 15.59pm 10/05/2024 ?
MSB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.