The use of MPCs to promote growth of new blood vessels will have direct application for patients with peripheral arterial disease (PAD) who number more than eight million in the US alone. Risk factors for PAD are similar to those for coronary artery disease.

They include high blood cholesterol, diabetes, smoking and obesity.

Most patients with significant PAD have diabetes, and the most common symptom is leg pain associated with exertion.

In severe cases, inadequate blood flow to the feet causes ulceration of wounds which fail to heal and can become gangrenous.

Thirty per cent of patients with existing PAD will ultimately require angioplasty to open the affected artery, and 10 per cent will require amputation of the affected limb within five to 10 years of diagnosis. Currently, there are more than 400,000 angioplasty procedures for PAD in the US. The number is expected to approach 640,000 by the end of 2005.

Angioblast plans to develop an MPC product for direct injection into the diseased artery at the time of angioplasty to increase the likelihood of long-term survival of the limb.

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