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Why the Mesoblast share price jumped higher this morning – Motley Fool Australia
Today the Mesoblast share price jumped higher after the company announced a positive recommendation regarding its COVID-19 treatment trials.
This morning, the Mesoblast limited(ASX: MSB) share price jumped 3.14% to $5.25 after the company received a positive recommendation from the Data Safety Monitoring Board (DSMB) to continue its phase 3 trial of remestemcel-L in patients with acute COVID-19. The positive news, however, was not sufficient to sustain the Mesoblast share price amid wider share market falls with the company now trading at $5.04 at the time of writing.
What moved the Mesoblast share price?
The Mesoblast share pric…
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