Friday, April 24, 2020

Stock Alert: Mesoblast Shares Jump 67% In Premarket

Shares of Mesoblast Ltd. (MESO) are soaring over 67% in pre-market today, after the company announced 83% survival in ventilator-dependent COVID-19 patients with moderate/severe acute respiratory distress syndrome or ARDS treated during the period March-April 2020 with two intravenous infusions of Mesoblast's allogeneic mesenchymal stem cell product candidate remestemcel-L within the first five days.

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