Mesoblast Limited

ASX (AUD): Mesoblast Limited (MSB)

Last Price

3.04

Today's Change

+1.06 (53.78%)

Day's Change

2.35 - 3.05

Trading Volume

43,636,193

Profile
MSB

Exchange:  Australian Securities Exchange Australian Securities Exchange

Currency:  AUD AUD

Sector:  Healthcare - Healthcare Healthcare - Healthcare

Industry: 

CEO:  Dr. Silviu Itescu FACP, FACRA, FRACP, MBBS (Hons) Dr. Silviu Itescu FACP, FACRA, FRACP, MBBS (Hons)

Full Time Employees:  73 73

IPO Date:  2004-12-15 2004-12-15

CIK: 

ISIN:  AU000000MSB8 AU000000MSB8

CUSIP:  Q6005U107 Q6005U107

Beta:  2.34 2.34

Last Dividend:  0.00 0.00

Dcf Diff:  2.10 2.10

Dcf:  -0.12 -0.12

Description

Mesoblast Limited engages in the development of regenerative medicine products in Australia, the United States, Singapore, the United Kingdom, and Switzerland. The company offers products in the areas of cardiovascular, spine orthopedic disorder, oncology, hematology, and immune-mediated and inflammatory diseases. Its proprietary regenerative medicine technology platform is based on specialized cells known as mesenchymal lineage cells. The company offers Remestemcel-L that is in Phase III clinical trials for the treatment of systemic inflammatory diseases, including steroid refractory acute graft versus host disease, acute respiratory distress syndrome, and biologic refractory inflammatory bowel disease; and Remestemcel-L, which is in Phase III clinical trials to treat chronic heart failure and chronic low back pain due to degenerative disc disease. It is also developing MPC-300-IV to treat biologic refractory rheumatoid arthritis diabetic nephropathy; and MPC-25-IC for the treatment or prevention of acute myocardial infarction. The company has strategic partnerships with Tasly Pharmaceutical Group to offer MPC-150-IM for heart failure and MPC-25-IC for heart attacks in China; JCR Pharmaceuticals Co. Ltd. to treat wound healing in patients with epidermolysis bullosa; and Grünenthal to develops and commercializes cell therapy for the treatment of chronic low back pain. Mesoblast Limited was incorporated in 2004 and is headquartered in Melbourne, Australia.

Address

55 Collins Street,
Melbourne, VIC 3000, AU

61 3 9639 6036

http://www.mesoblast.com

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