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Mesoblast Ltd
XMUN:LWB

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Mesoblast Ltd
XMUN:LWB
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Price: 1.2625 EUR -1.17% Market Closed
Market Cap: €1.3B

Mesoblast Ltd
Investor Relations

Mesoblast is a biotechnology company that develops cell-based medicines, especially treatments made from donated adult stem cells. Its main work is to research, test, and seek approval for therapies aimed at hard-to-treat inflammatory and immune-related diseases, as well as some serious spine and heart conditions. The company does not sell a broad range of consumer products. It makes money when its drug candidates are licensed, approved, or commercialized through partners, and potentially through product sales and royalty streams tied to those therapies. Its customers are mainly hospitals, doctors, and larger pharmaceutical partners rather than end consumers. What makes Mesoblast different is that it sits in the cell-therapy part of drug development, where the product is living cells rather than a standard pill or injection. That makes the science, manufacturing, and regulatory path more complex than for many drugmakers, but it also gives the company a focused role as a specialist developer of regenerative medicines.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Feb 26, 2026
AI Summary
Q2 2026

Strong Launch: Ryoncil sales grew quarter-on-quarter after its April 2025 launch, reaching $49 million in net revenue for the first half of fiscal 2026.

Revenue Guidance: Mesoblast guided full-year fiscal 2026 Ryoncil net revenues to $110–120 million.

High Gross Margin: The company achieved a gross margin of around 93% for the period.

Cash & Credit: Mesoblast ended December 2025 with $130 million in cash and secured a new $125 million nondilutive credit facility.

Label Expansion: Active plans are underway to expand Ryoncil's label into adult indications, with clinical trials in progress.

Pipeline Progress: Key late-stage programs include Rexlemestrocel for chronic low back pain and Revascor for heart failure; BLA filings are planned in the near future.

Pediatric Adoption: Ryoncil is on track to achieve 20% market share in the pediatric segment by fiscal year-end, with notable repeat usage at treatment centers.

FDA Engagement: Management described constructive discussions with the FDA across multiple programs, including confirmation of pivotal trial endpoints.

Key Financials
Revenue
$51.3 million
Ryoncil Net Revenue
$49 million
Gross Margin
93%
R&D Expenses
$46.1 million
Sales, General and Administrative Expenses
$28.5 million
Net Loss
$40.2 million
Operating Cash Flow Usage
$30.3 million
Cash on Hand
$130 million
Credit Facility
$125 million (total facility, $75 million drawn)
Treatment Centers Onboarded
49
Earnings Call Recording
Other Earnings Calls

Management

Dr. Silviu Itescu FACP, FACRA, FRACP, MBBS (Hons)
Founder, CEO, MD, Chairman of Scientific Advisory Board & Executive Director
No Bio Available
Dr. Eric A. Rose M.D.
Chief Medical Officer & Executive Director
No Bio Available
Mr. Andrew Chaponnel B.Com.
Interim Chief Finance Officer
No Bio Available
Mr. Peter T. Howard B.Sc., L.L.B., LLB (Hons)
General Counsel & Corporate Executive
No Bio Available
Dr. Paul J. Simmons BSc, Ph.D.
Scientific Advisor to the Chief Executive Officer
No Bio Available
Ms. Geraldine Storton B.Sc., M.B.A., MMS
Head of Regulatory Affairs & Quality Management
No Bio Available
Mr. Justin Horst B.S.
Head of Manufacturing
No Bio Available
Dr. Fiona See Ph.D.
Senior VP & Head of Translational Research
No Bio Available
Mr. Paul Hughes BPHARM
Joint Company Secretary
No Bio Available

Contacts

Address
VICTORIA
Melbourne
L 38 55 Collins St
Contacts
+61396396036.0
www.mesoblast.com
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