- Mesoblast's first Phase 3 trial submission cleared by United States Food and Drug Administration (FDA)
- Rapid clearance (within 30 days) further validation of Mesoblast's clinical, regulatory, and manufacturing capabilities
- Mesoblast's proprietary adult stem cells expand hematopoietic precursor cells in umbilical cord blood 40-fold, enabling rapid bone marrow reconstitution with lowered risk of life-threatening Graft Versus Host Disease (GVHD)
- Mesoblast's novel clinical approach could make the use of bone marrow transplantation available to all those in need of the procedure but who currently cannot find a donor, without the need for full matching
- Commercial opportunity based on potential to increase the total number of unrelated donor transplants performed globally by three- to four-fold
- This product may be the first of Mesoblast's revenue generating biologic therapies in both the US and Europe
Mesoblast Receives FDA Clearance For Phase 3 Bone Marrow Transplant Trial
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