Wow! i cant believe a biotech tech company at the peak of its R and D stage is burning cash!!
Mesoblast has well over another full years worth of cash (if you include hercules and novaquest draw downs). ETA for full BLA submission in around 6-7 months time. That gives mesoblast a cool 5-6 Months to find a partner for its future drugs, after its first FDA approval
News: MSB Mesoblast Posts Qtrly Loss Attributable Of US$25 Mln, page-3
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