Company

Mesoblast Limited

Headquarters: Melbourne, VIC, Australia

Employees: 83

CEO: Dr. Silviu Itescu FACP, FACRA, FRACP, MBBS (Hons)

ASX: MSB -5.71%

Market Cap

A$1.23 Billion

AUD as of July 1, 2024

US$816.3 Million

Market Cap History

Mesoblast Limited market capitalization over time

Evolution of Mesoblast Limited market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Mesoblast Limited

Detailed Description

Mesoblast Limited, a biopharmaceutical company, develops and commercializes allogeneic cellular medicines in the United States, Australia, Singapore, the United Kingdom, and Switzerland. The company offers products in the areas of cardiovascular, spine orthopedic disorder, oncology, hematology, and immune-mediated and inflammatory diseases. Its proprietary regenerative medicine technology platform is based on specialized cells known as mesenchymal lineage cells. The company's products under the Phase III clinical trials include remestemcel-L for the treatment of steroid refractory acute graft versus host disease, as well as acute respiratory distress syndrome due to COVID-19 infection; Rexlemestrocel-L to treat advanced chronic heart failure; and MPC-06-ID for chronic low back pain due to degenerative disc disease. It is also developing MPC-300-IV for the treatment of biologic refractory rheumatoid arthritis diabetic nephropathy. The company has strategic partnerships with Tasly Pharmaceutical Group to offer MPC-150-IM for heart failure and MPC-25-IC for heart attacks in China; JCR Pharmaceuticals Co. Ltd. for the treatment of wound healing in patients with epidermolysis bullosa; and Grünenthal to develops and commercializes cell therapy for the treatment of chronic low back pain. Mesoblast Limited was incorporated in 2004 and is headquartered in Melbourne, Australia.

Top 1-year algo backtest: +265.99%

$10,000 in October 2023 would now be $36,599 by following this algorithm daily at market close.

Use AI to boost your investing & swing trading, now!

Try Disfold DeepFinance FREE

Stocks & Indices

Mesoblast Limited has the following listings and related stock indices.


Stock: ASX: MSB wb_incandescent

Stock: NASDAQ: MESO wb_incandescent

Stock: FSX: LWB wb_incandescent

Details

Headquarters:

55 Collins Street

Level 38

Melbourne, VIC 3000

Australia

Phone: 61 3 9639 6036

Fax: 61 3 9639 6030