NewsBite

Mesoblast plunges on COVID-19 trial failure

Mesoblast capped a horror week on Friday by revealing its trial of a potential treatment for COVID-19 will be wound up because of unexpectedly poor clinical data, as it races to close a critical licensing agreement with Swiss pharmaceutical giant Novartis.

Mesoblast had to pull the pin on a trial treatment for COVID-19. Nicolas Walker

Loading...
Tom Richardson was a journalist at The Australian Financial Review
Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

Read More

Latest In Equity markets

Fetching latest articles

Most Viewed In Markets

    Original URL: https://www.afr.com/markets/equity-markets/mesoblast-plunges-on-covid-19-trial-failure-20201218-p56oot