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Mesoblast Corporate Update and Financial Results Webcast

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Mesoblast Limited (Nasdaq:MESO) announced a webcast to discuss its operational highlights and financial results for Q4 and the full year ending June 30, 2021. The webcast will take place at 7:00 PM EDT on August 30, 2021, with archived access available on the company’s Investor page. Mesoblast is recognized for its allogeneic cellular medicines targeting severe inflammatory diseases, with promising results from Phase 3 trials for rexlemestrocel-L and ongoing developments for other products. The company boasts a strong intellectual property portfolio extending to 2041 and established partnerships in Europe and China.

Positive
  • Completed Phase 3 trials for rexlemestrocel-L for advanced chronic heart failure.
  • Strong intellectual property portfolio protected until at least 2041.
  • Commercial partnerships established in Europe and China for Phase 3 assets.
Negative
  • None.

NEW YORK, Aug. 30, 2021 (GLOBE NEWSWIRE) -- Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, will host a webcast to discuss operational highlights and financial results for the fourth quarter and full-year ended June 30, 2021.

The webcast will begin at 7.00pm EDT, Monday, August 30; 9.00am AEST, Tuesday, August 31, 2021. It can be accessed via:
https://webcast.boardroom.media/mesoblast-limited/20210826/NaN61036c41df5665001c97fc67

The archived webcast will be available on the Investor page of the Company’s website: www.mesoblast.com

About Mesoblast

Mesoblast is a world leader in developing allogeneic (off-the-shelf) cellular medicines for the treatment of severe and life-threatening inflammatory conditions. The Company has leveraged its proprietary mesenchymal lineage cell therapy technology platform to establish a broad portfolio of late-stage product candidates which respond to severe inflammation by releasing anti-inflammatory factors that counter and modulate multiple effector arms of the immune system, resulting in significant reduction of the damaging inflammatory process.

Mesoblast has a strong and extensive global intellectual property portfolio with protection extending through to at least 2041 in all major markets. The Company’s proprietary manufacturing processes yield industrial-scale, cryopreserved, off-the-shelf, cellular medicines. These cell therapies, with defined pharmaceutical release criteria, are planned to be readily available to patients worldwide.

Mesoblast has completed Phase 3 trials of rexlemestrocel-L for advanced chronic heart failure and chronic low back pain. Remestemcel-L is being developed for inflammatory diseases in children and adults including steroid refractory acute graft versus host disease and moderate to severe acute respiratory distress syndrome. Two products have been commercialized in Japan and Europe by Mesoblast’s licensees, and the Company has established commercial partnerships in Europe and China for certain Phase 3 assets.

Mesoblast has locations in Australia, the United States and Singapore and is listed on the Australian Securities Exchange (MSB) and on the Nasdaq (MESO). For more information, please see www.mesoblast.com, LinkedIn: Mesoblast Limited and Twitter: @Mesoblast

Release authorized by the Chief Executive.

For more information, please contact:

Corporate Communications / InvestorsMedia
Paul HughesSumit Media
T: +61 3 9639 6036Grant Titmus
E: investors@mesoblast.comT: +61 419 388 161
 E: grant@sumitmedia.com.au
  
 Kristen Bothwell
 T: +1 917 613 5434
 E: kbothwell@rubenstein.com
  


FAQ

What are the financial results discussed by Mesoblast in their August 30, 2021, webcast?

The webcast will cover operational highlights and financial results for the fourth quarter and full-year ending June 30, 2021.

What is the significance of the Phase 3 trials completed by Mesoblast?

The completed Phase 3 trials for rexlemestrocel-L indicate progress in developing treatments for advanced chronic heart failure.

How long is Mesoblast's intellectual property protected?

Mesoblast's intellectual property is protected through at least 2041 across all major markets.

When will the archived webcast of Mesoblast's financial results be available?

The archived webcast will be available on Mesoblast's Investor page after the live event on August 30, 2021.

Mesoblast Limited American Depositary Shares

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Biotechnology
Healthcare
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United States of America
Melbourne