UPDATE: Mesoblast (MESO) Reports Q1 Loss of $4.07

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Mesoblast Reports First Quarter Ended September 30, 2018 Financial Results and Operational Highlights

November 15, 2018 4:33 PM EST

MELBOURNE, Australia and NEW YORK, Nov. 15, 2018 (GLOBE NEWSWIRE) -- Mesoblast Limited (ASX:MSB; Nasdaq: MESO) today reported strong financial results and provided operational highlights for the first quarter ended September 30, 2018.

Key financial results for the three months ended September 30, 2018 (first quarter FY2019)

Significant increase in revenues to US$11.6 million in the first quarter FY2019, compared with US$1.2 million in the first quarter FY201866% increase in commercialization revenue from royalty income on sales of TEMCELL®1 HS. Inj. for the quarter, compared with... More