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Mesoblast reports $115M Ryoncil revenue in first year post-FDA approval, expands trials for serious inflammatory diseases.

Company Fundamentals
30 Jul 2026
Mesoblast Limited
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Bullish
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Mesoblast announced $36 million in net revenue for Q4 and $115 million for the first full year following FDA approval of its Ryoncil therapy, used to treat steroid-refractory acute graft versus host disease (SR-aGvHD) in children. The company is expanding Ryoncil’s use to adults with SR-aGvHD and other severe inflammatory diseases, with ongoing clinical trials in the U.S. Additionally, Mesoblast is advancing its rexlemestrocel-L therapy for chronic low back pain and heart failure. With $103 million cash on hand and strategic R&D developments, Mesoblast is positioned for further growth and potential FDA approvals.

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