Chronic cartilage degeneration and acute meniscal tears
Inflammatory diseases of the joints, such as osteoarthritis, affect more than 43 million people in the US annually. Osteoarthritis results in loss of cartilage – which cannot repair itself after injury – at the surface of a joint which interferes with movement of the joint and is associated with pain. It typically occurs five to 15 years after the initial trauma that damaged the cartilage.

More than 10 million people in the US currently suffer from osteoarthritis of the knee, making it the most common joint disease. Risk factors include being overweight, joint injury, muscle weakness, having other forms of arthritis and heredity.

Loss of the cartilage that cushions the ends of bones leads to bone-on-bone grinding and, ultimately, pain and loss of movement.

Acute trauma to a healthy knee joint, such as during sport can have a similar outcome as degenerative osteoarthritis.

There is no effective therapy for progressive osteoarthritis. Current treatments attempt to alleviate painful symptoms but are unable to restore the cartilage lining the joint. Joint replacement is often the only option for restoring function.

Approximately 800,000 patients undergo arthroscopic knee surgery annually in the US. This procedure can temporally relieve acute knee pain and/or instability, but does not improve osteoarthritic knee symptoms due to the lack of cartilage.

Mesoblast will initially target the knee arthroscopy market for chronic osteoarthritis and acute cartilage tears in the belief that arthroscopic injection of its MPC product will enable regeneration of both cushioning and surface cartilage to permanently relieve pain and restore joint stability and freedom of movement.

The Technology


 

Last Share Price

August 26 2010- Preliminary 2010 Annual Report

August 26 2010 - Mesoblast Financial Year End Results; Strong Clinical Progress, Major Regulatory Milestone and Enhanced Corporate Strategy

23 August 2010 - EGM documents - Letter from the Chairman, Notice of Meeting, Independent Expert Report.

16 August - Mesoblast on track for phase 3 bone marrow transplant trial following positive meeting with FDA

21 July - Mesoblast receives TGA regulatory approval to commercially manufacture adult stem cell products

12 July - Phase 3 meeting scheduled with FDA following positive results of bone marrow regeneration trial

28 May - Mesoblast featured at ASX Singapore conference highlighting emerging market leaders

19 May - United States FDA Clears Phase 2 Trial for Cervical Spinal Fusion

16 August 2010 - Southern Cross Equities research - Phase III getting ready for takeoff

23 July 2010 - Southern Cross Equities Research – Big Pharma will be watching

21 July 2010 - Southern Cross Equities Research – The clinical endgame nears

17 May 2010 - Southern Cross Equities Research – Capitalising the Stem Cell Opportunity

14 May 2010 - Bioshares

26 February - RBS Equities Research - Mesoblast (Buy) 1H10 - Master Blasters

July 2009 - Chairman’s Letter

May 2009 - Chairman’s Letter

May 2008 - Issue Nine