Investment
Features
FeesSafety
Academy
More
Pluang+

Mesoblast hits patient recruitment target in Phase 3 trial for chronic low back pain treatment

Market News
28 Apr 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Mesoblast has completed patient recruitment for its pivotal Phase 3 trial testing rexlemestrocel-L, a cell therapy for chronic low back pain linked to degenerative disc disease. The trial involves 300 patients receiving either the therapy or placebo, aiming to confirm earlier positive results showing pain reduction and decreased opioid use. Top-line results are expected by mid-2027, with plans for FDA approval filing in Q3 2027. This therapy could address a major unmet need, potentially generating over $10 billion in peak revenue.

More News (MESO)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App