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</html><description>NEW YORK, April 25, 2023 (GLOBE NEWSWIRE) &#x2014; Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today announced it has completed a global private placement primarily to Mesoblast&#x2019;s existing major US, UK, and Australian shareholders raising approximately US$40 million, net of transaction costs, at A$0.85 per share. Proceeds will be used to fund: Launch and commercialization of the company&#x2019;s lead product, remestemcel-L, in the treatment of children with steroid-refractory acute graft versus host disease (SR-aGVHD) subject to approval by the US Food &amp; Drug Administration (FDA) of Mesoblast&#x2019;s resubmitted Biologics License Application (BLA) which has a PDUFA goal date of August 2, 2023. Ongoing manufacturing of commercial remestemcel-L product at the Lonza Biosciences facility in &hellip; Continue reading ""</description><thumbnail_url>https://www.globenewswire.com/newsroom/ti?nf=ODgyNTYzNyM1NTU3NTg5IzIwMTc0MzI=</thumbnail_url></oembed>
