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Mesoblast Secures A$260M to Propel Ryoncil® US Launch and Clinical Trials

7:03pm on Monday 2nd of June, 2025 AEST Biotechnology
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Mesoblast Secures A$260M to Propel Ryoncil® US Launch and Clinical Trials

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • A$260 million raised at A$2.50 per share via global private placement
  • Funds allocated for US launch of Ryoncil® for pediatric steroid-refractory acute graft-versus-host disease
  • Acceleration of second Phase 3 trial for inflammatory chronic low back pain
  • Expansion of commercial manufacturing capabilities in anticipation of product demand
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