Update
$Mesoblast (MESO.US)$ Mesoblast (MESO) has released an update. Mesoblast Limited has resubmitted a Biologics License Application (BLA) to the FDA for Ryoncil®, aiming to treat children with Steroid-Refractory Acute Graft-Versus-Host Disease (SR-aGVHD). The resubmission, buoyed by promising Phase 3 study results demonstrating significant survival benefits, could meet an urgent need for effective treatment in this patient group, as current survival outcomes are poor and no FDA-approved treatments exist for children under 12 with SR-aGVHD. With Fast Track and Priority Review designations, Ryoncil® could be approved within a 2 to 6-month review period upon acceptance of the BLA.
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101674396 : Hold or sell?
Trytosaveabit OP 101674396 : Sorry I don’t give buy/sell advice! There’s no way for me to know others risk tolerance or the type of trade they are doing! I will say that I am still bullish on this! NFA JMO! GL
101674396 : Until result no chance to raise!!!
Trytosaveabit OP 101674396 : Probably correct.
Arrayfunction : I can't say anything about the stock performance, but I can say this is an extremely rare turn of events. A 2-6 month timeline is incredibly fast to get an NDA, even with phase 3 results in hand. Dying children have a way of cutting through red tape
Trytosaveabit OP Arrayfunction : Yes they sure do! And it shouldn’t be any other way!
Aariya : any idea what price range will be support?
Trytosaveabit OP Aariya : IMO if 6.30 don’t hold? It will probably fall to 5.40 area. NFA GL