Mesoblast Up 25% After Hours on Collaboration With Novartis
November 19 2020 - 4:53PM
Dow Jones News
By Josh Beckerman
Mesoblast Ltd. American depositary receipts surged 25% to $14.70
after hours as the company entered an exclusive worldwide license
and collaboration agreement with Novartis AG for Mesoblast's
mesenchymal stromal cell product remestemcel-L.
The initial focus will be on treatment of acute respiratory
distress syndrome, including that associated with Covid-19.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
November 19, 2020 17:38 ET (22:38 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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