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

6:24pm on Sunday 1st of June, 2025 AEST Biotechnology
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Mesoblast Clinches FDA Nod for Ryoncil®, Raises A$260M to Fuel Growth

6:24pm on Sunday 1st of June, 2025 AEST
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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