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Mesoblast shares are trading higher after the company reported better-than-expected FY sales results.

BenzingaAug 27, 2026, 2:34 PMBenzinga Newsdesk

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benzinga
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Aug 27, 2026, 2:34 PM
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Aug 27, 2026, 2:34 PM
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Captured once, then retained as an archive reference
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  1. Globenewswire IncAug 27, 2026, 12:32 AMMesoblast Limited

    Mesoblast Reports Substantial Revenue Growth to US$120M

    Mesoblast Limited reported strong financial results for FY2026 with total revenue of US$120.3 million, driven by successful RYONCIL commercial launch generating US$115.2 million in net revenue. The company completed patient treatment in its Phase 3 trial for chronic low back pain (rexlemestrocel-L), with results expected mid-2027. Net losses were reduced 44% to US$57.5 million. The company is expanding RYONCIL into adult markets and developing next-generation CAR-MSC and oncolytic virus technologies.

    Read original at globenewswire-inc