Mesoblast Ltd - ADR

NASDAQ:MESO   2:14:13 PM EDT
9.31
-0.17 (-1.79%)
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Market Cap (Intraday)1.09B
Current PEN/A
Forward PE N/A
2yr Forward PE N/A
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Estimates Current Quarter
Revenue$21.85 Million
Adjusted EPS-$0.10
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10-Day MA$9.57
50-Day MA$12.02
200-Day MA$12.89
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MESOBLAST LTD Stock, NASDAQ:MESO

LEVEL 38, 55 COLLINS STREET, MELBOURNE, VICTORIA, AUSTRALIA 3000
Australia
Phone: 613 9639 6036
Number of Employees:

Description

Mesoblast Limited, a biopharmaceutical company, develops and commercializes allogeneic cellular medicines. 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 adult stem cells. The company's products under the Phase III clinical trials include MSC-100-IV for steroid refractory acute graft versus host disease; MPC-150-IM for advanced heart failure; and MPC-06-ID for chronic low back pain due to degenerative disc disease. It is also developing MPC-300-IV that is in Phase II clinical trials for the treatment of biologic refractory rheumatoid arthritis, diabetic kidney diseases, and type 2 diabetic nephropathy. It operates in the United States, Australia, Singapore, the United Kingdom, and Switzerland. Mesoblast Limited 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. for the treatment of wound healing in patients with epidermolysis bullosa; and Gr?Œnenthal to develop and commercialize cell therapy for the treatment of chronic low back pain. The company was founded in 2004 and is headquartered in Melbourne, Australia.