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Mesoblast Clinches FDA Nod for Ryoncil®, Raises A$260M to Fuel Growth
9:32am on Friday 31st of January, 2025 AEDT
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Biotechnology
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Mesoblast Clinches FDA Nod for Ryoncil®, Raises A$260M to Fuel Growth
9:32am on Friday 31st of January, 2025 AEDT
Key Points
FDA approval granted for Ryoncil® to treat pediatric steroid-refractory acute graft versus host disease
A$260 million capital raise completed to support clinical trial expansion and commercialization
Commercial inventory and distribution network established with Cencora in the U.S.
Ongoing Phase 3 trial for rexlemestrocel-L in chronic low back pain progressing
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