Why Mesoblast's Stock Is Trading Higher Today

Mesoblast Limited MESO shares are trading higher on Wednesday.

The company announced that the FDA accepted its biologics license application for RYONCIL and has agreed to a priority review.

Related Link: Mesoblast Heart Failure Cell Therapy Receives Orphan Drug Status

Mesoblast is an Australian based regenerative medicine company and provides treatments for inflammatory ailments, cardiovascular disease and back pain.

Mesoblast shares traded higher by 6.39% to $4.66 at time of publication. The stock has a 52-week range between $10.88 and $3.12.

Market News and Data brought to you by Benzinga APIs
Posted In: BiotechNewsMoversTrading IdeasGeneralwhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...