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

Company Fundamentals
29 Jul 2026
GlobeNewsWire
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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 after FDA approval of its cell therapy Ryoncil, used for 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 conditions, with ongoing trials in the U.S. Mesoblast also reached a milestone of treating 300 patients in a Phase 3 trial for chronic low back pain using rexlemestrocel-L and is pursuing FDA review for its use in heart failure patients. The company reported $103 million cash on hand and is advancing new cell therapy technologies for autoimmune diseases, aiming for further regulatory approvals and market growth.

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