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Mesoblast trading update: strong revenue growth and pipeline momentum.

Mesoblast Limited (ASX: MSB) delivered a robust trading update at its AGM, highlighting accelerating commercial demand for Ryoncil. For the quarter ending December 31, 2025, the Company expects gross revenue above US$30 million, reflecting an increase of more than 37% over the prior quarter. This strong uplift is driven by expanding adoption of Ryoncil, the first FDA-approved MSC therapy for pediatric steroid-refractory acute graft versus host disease.

The Company continues progressing its diversified cell therapy pipeline across adult SR-aGvHD, biologic-resistant inflammatory bowel disease, heart failure and chronic low-back pain. With a global portfolio of more than 1,000 patents extending to at least 2044 and established commercial partnerships in Japan, Europe and China, Mesoblast is reinforcing its position as a leader in scalable, off-the-shelf cellular medicines.

 

 

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