middle.news

Mesoblast Clinches FDA Nod for Ryoncil®, Raises A$260M to Fuel Growth

9:32am on Friday 31st of January, 2025 AEDT Biotechnology
Read Story

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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Mesoblast (ASX:MSB)
OPEN ARTICLE