Mesoblast Receives A$3.7 Million From the Australian

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
26
Mesoblast Receives A$3.7 Million From the Australian Government for Research and Development Activities

NEW YORK and MELBOURNE, Australia, April 06, 2017 (GLOBE NEWSWIRE) -- Mesoblast Limited (Nasdaq: MESO ) (ASX:MSB) today announced that it has received A$3.7 million from the Australian Government for Research & Development (R&D) activities conducted during the 2016 financial year. The funds were provided to Mesoblast under the Government's R&D Tax Incentive Program, which is designed to support industry innovation. 

About Mesoblast Mesoblast Limited (Nasdaq: MESO ) (ASX:MSB) is a global leader in developing innovative cell-based medicines. The Company has leveraged its proprietary technology platform, which is based on specialized cells known as mesenchymal lineage adult stem cells, to establish a broad portfolio of late-stage product candidates. Mesoblast’s allogeneic, ‘off-the-shelf’ cell product candidates target advanced stages of diseases with high, unmet medical needs including cardiovascular conditions, orthopedic disorders, immunologic and inflammatory disorders and oncologic/hematologic conditions.

Forward-Looking Statements This press release includes forward-looking statements that relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. We make such forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward-looking statements should not be read as a guarantee of future performance or results, and actual results may differ from the results anticipated in these forward-looking statements, and the differences may be material and adverse. You should read this press release together with our risk factors, in our most recently filed reports with the SEC or on our website. Uncertainties   and risks that may cause Mesoblast's actual results, performance or achievements to be materially different from those which may be expressed or implied by such statements, and accordingly, you should not place undue reliance on these forward-looking statements. We do not undertake any obligations to publicly update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

For further information, please contact: CORPORATE COMMUNICATIONS Julie Meldrum T: +61 3 9639 6036 E: julie.meldrum@mesoblast.com INVESTOR RELATIONS Schond Greenway T: +1 212 880 2060 E: schond.greenway@mesoblast.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Jackson Wang's Fantasy IP Hits Hong Kong Stage

Updated Category News Views 5

A Star-Studded Fantasy Comes Alive Hong Kong isn't just about dim sum and skyline views—it's a magnet for celebrity showcases, and this time, Jackson Wang's pulling the strings. The guy's ventured beyond music and idol fame, diving head-first into creative visuals with his fantasy IP, "Under the Castle" (UTC). Pairing up with Ocean Park's Halloween Fest, he's cooked up...

Continue Reading
CVS Health Under Fire: Fiduciary Duty Breach?

Updated Category News Views 2

CVS Under Regulatory Spotlight for Fiduciary Breaches You'd think by now companies would have their fiduciary ducks in a row. But here we are, with CVS Health Corporation (NYSE: CVS) catching heat from the legal eagles over at Halper Sadeh LLC. The knife’s out for some of the big wigs – apparently, there's chatter they might’ve slipped on their duty to play nice...

Continue Reading
Endurance Energy's Modular Tech Revs Up Southeast Asia

Updated Category News Views 4

Modular Solutions Steal the Show in Bangkok When a company draws 59,468 attendees from over 150 countries, folks pay attention—and that was exactly the scene at Gastech 2026 in Bangkok. The name buzzing on many lips? Endurance Energy. These guys showcased a fresh take on energy logistics with their skid-mounted liquefaction tech, turning heads with their Southeast Asia...

Continue Reading
Krispy Kreme Faces Legal Probe: Fiduciary Breach?

Updated Category News Views 3

Diving Deep into the Krispy Kreme Allegations Look, this isn't your run-of-the-mill donut drama. When you hear rumblings of corporate missteps, especially ones that involve potential breaches of fiduciary duties, it's time to perk up those ears. Over at Krispy Kreme, Inc. (NASDAQ:DNUT), there's some heat in the kitchen, and it's not just from frying those glazed beauties....

Continue Reading
Cut Winter Heating Costs with Townsend's Rebate Help

Updated Category News Views 6

Unseen Perils of Winter Heating in Massachusetts Massachusetts homeowners, listen up. If your heating system is older than the Model T, it's time to rethink your winter strategy. You don't want to be stuck in the cold when the thermometer hits single digits, do you? That's where Townsend comes in, making waves with their rebate assistance program. Navigating the Rebate...

Continue Reading
HONA Faces Legal Heat: Investor Lawsuit Over Losses

Updated Category News Views 6

The Investor Storm Brewing Over Honeywell Aerospace There it is again, another industry heavyweight caught in a dizzying whirlwind of litigation. Honeywell Aerospace Inc. (NASDAQ:HONA), a name as established as an old boot in the business, now faces a class action lawsuit that's got investors frantically dusting off phone numbers for their attorneys. The Messy Allegations...

Continue Reading
Farm Aid 2026: A Resilient Tribute to Family Farmers

Updated Category News Views 4

Shining a Light on Essential Family Farmers Every year, thousands gather for Farm Aid to back the unsung heroes who put food on our plates. In 2026, the scene shifted to the amphitheater at Virginia Beach, where an epic lineup of music took stage not just to entertain but to underline a critical issue—family farmers are fighting for survival. These folks aren't merely...

Continue Reading
Quay Sunglasses: Luxury Looks, Affordable Prices

Updated Category News Views 3

Ah, sunglasses—the quintessential accessory that screams both practicality and style. A million-dollar look without the million-dollar expense? That's where Quay comes in. They've been recognized by Expert Consumers, no less, as some of the best-in-class for affordable luxury eye candy out there—aimed at shoppers who want the designer vibe without the hemorrhaging...

Continue Reading
China Southern Airlines Marks 70th Anniversary in NYC

Updated Category News Views 4

Taking Flight with Legacy and Tradition Throwing a bash on Times Square isn't just about flash; it's about letting folks know you mean business. And China Southern Airlines has been doing just that for 70 years. Imagine starting from Guangzhou and ending up splashed across New York City's giant LED screens—talk about a journey! From Humble Roots to Global Network...

Continue Reading
Geron Corp Faces Fiduciary Duty Investigation

Updated Category News Views 9

Spotlight on Geron's Corporate Governance: What's Happening? The heat's been turned up on Geron Corporation this week, with Halper Sadeh LLC, an investor rights law outfit, digging into whether some folks at the helm have strayed from their fiduciary duties to the shareholders. Now, if you're holding onto NASDAQ:GERN stock or thinking about diving in, it's high time to...

Continue Reading

Top 5 Most Recently Viewed Articles

Deep Sky Secures Major Funding to Advance Climate Solutions

Updated Category News Views 263

Deep Sky's Milestone Grant Announcement Deep Sky, the pioneering carbon removal project developer, has proudly secured a USD $40 million grant commitment from Breakthrough Energy Catalyst (Catalyst). This notable funding represents Catalyst's first foray into supporting both a Canadian project and a direct air capture (DAC) initiative. Funding Impact on Carbon Removal...

Continue Reading
Canada's Inflation Hits Target Amid Weak Economic Growth

Updated Category News Views 150

Canada Achieves Inflation Target Recent statistics from Statistics Canada show that Canada's annual inflation rate has successfully hit the central bank's 2% target. This milestone is significant for the economy, marking the lowest inflation rate since February 2021, and highlights a major shift in price trends. Core Price Measures Show Improvement Key indicators for core...

Continue Reading
East Side Games Group Set to Share Q3 2025 Financial Insights

Updated Category News Views 149

Upcoming Financial Results Announcement from East Side Games Group East Side Games Group (TSX:EAGR) is poised to announce its financial results for the third quarter of 2025. This release is scheduled to happen on a Friday, after the market closes, marking an important moment for the company as they unveil key insights into their performance. Details of the Financial...

Continue Reading
POWERCHINA International Group's 2023 ESG Report: A Vision for Sustainability

Updated Category News Views 171

POWERCHINA International Group Releases Its 2023 ESG Report POWERCHINA International Group Limited, a prominent entity in the global construction and engineering industry, has recently released its 2023 ESG Report. This report highlights the company's steadfast commitment to sustainability and environmental stewardship. POWERCHINA is focused on advancing sustainable...

Continue Reading
Analyzing Meta Platforms' Market Position Among Rivals

Updated Category News Views 349

Understanding Meta Platforms' Competitive Landscape In today's ever-evolving business environment, keeping a close eye on prominent companies is crucial for investors and industry experts alike. In this analysis, we will delve into how Meta Platforms (NASDAQ: META) stands in comparison to its main competitors within the Interactive Media & Services sector. By examining...

Continue Reading