Mesoblast appoints new director
Mesoblast (ASX:MSB) has appointed former Roche Pharmaceuticals CEO William M Burns to its board as a non-executive director.
Burns was CEO of the Roche division from 2005-2009 and also served as a non-executive director on the Roche board between 2010 and this year.
He also serves on the board of Genentech, Chugai Pharmaceutical and Shire.
“Regenerative medicine has the potential to make a major impact on the way serious medical diseases are treated,” Burns commented. “Mesoblast is the global leader in the development of adult stem cell therapies and I am delighted to join this exciting company.”
Mesoblast recently reported its results for the first half of FY14, revealing it ended the period with a cash balance of $250.3 million despite an 11% higher net loss of $30.8 million.
Last month, the company secured a European patent covering use of its mesenchymal precursor cells (MPCs) in cardiac and vascular conditions.
Mesoblast (ASX:MSB) shares were trading 1.04% higher at $5.81 as of around 1.30 pm on Monday.
Relapse risk predicted for little-known autoimmune disease
Often referred to as a cousin of MS due to shared symptoms, MOGAD is a little-known autoimmune...
Perinatal HIV transmission may lead to cognitive deficits
Perinatal transmission of HIV to newborns is associated with serious cognitive deficits as...
Gene editing could make quolls resistant to cane toad toxin
Scientists from Colossal Biosciences and The University of Melbourne have introduced genetic...
