Mesoblast secures $160M to launch new pediatric graft-versus-host disease drug, Ryoncil®.

Mesoblast Limited, a leader in cellular medicines for inflammatory diseases, has secured $160 million in financing to support the U.S. launch of Ryoncil® by the end of Q1 2025. Ryoncil®, approved by the FDA in December 2024, is the first therapy for children with steroid-refractory acute graft-versus-host disease. The company is preparing for commercial launch with a distribution network and aims to address a market valued over $1 billion.

2 months ago
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