Mesoblast Remdesivir

Then there is an asx listed cellular therapy company called mesoblast asxmsb which i have followed pretty much since it listed in 2004.

Mesoblast remdesivir. The drug is describe. A breakthrough coronavirus cure might soon be available as researchers are studying a drug that could eliminate the virus calm the immune response and repair damaged tissue. Gilead will this week begin human study of an inhaled version of its covid 19 drug remdesivir potentially opening up an avenue to making the antiviral therapy more widely available to patients infected with the new coronavirus. Mesoblast has long been one of the sharemarkets most polarising companies.

Perth australia australian stem cell company mesoblast ltds shares were up nearly 39 on the news that its allogeneic cell therapy showed an 83 survival rate in ventilator dependent covid 19 patients with moderate to severe acute respiratory distress syndrome ards treated at new yorks mount sinai hospital. At least two companies mesoblast and celularity. A positive outcome from a meeting of the us regulators scientific panel lifted shares in australian. Fda mesoblast mesoblast off to good start in us review of ryoncil.

Mesoblast an australian stem cell therapy company saw its shares gain a whopping 139 last friday. Currently remdesivir is given intravenously once daily making early or outpatient treatment more challenging. As an analyst who follows biopharma companies i take an interest in the us food and drug administration fda while as an americanaustralian us politics particularly in the days of trump is also an interest. Remdesivir is considered a broad spectrum antiviral meaning it is believed to work against multiple types of virus.

Weve seen this same story play out twice already with remdesivir and hydroxychloroquine. Mesoblast announced last week that its stem cell product candidate remestemcel l was starting a 240 patient clinical trial for those. Next week mesoblast will the first stem cell therapy to be approve by fda the leader board will change.