Mesoblast’s Remestemcel-L Showed 83% Survival in COVID-19 Patients With ARDS

  • Apr 24, 2020 AEST
  • Team Kalkine

Australian stem cell therapy company, Mesoblast Limited (ASX:MSB) revealed Phase 2/3 trial outcomes of remestemcel-L and mentioned that 83% (10/12) survival in ventilator-dependent COVID-19 patients with moderate/severe acute respiratory distress syndrome (ARDS) treated during the period March-April 2020.

Moreover, 75% (9/12) have successfully come off ventilator support within a median of 10 days.

The patients were treated with two infusions of remestemcel-L within the first five days.

Post announcement the share price of MSB skyrocketed by 24.173% to $2.440 (at AEST 11:33 AM).


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