Melbourne, Feb 27, 2009 (ABN Newswire) - Mesoblast Limited (ASX:MSB)(PINK:MBLTY) Australia's regenerative medicine company today announced that three separate papers disclosing clinical and preclinical trial results were presented this week to orthopaedic specialists attending the 55th annual meeting of the American Academy of Orthopedic Surgeons (AAOS) and the Orthopedic Research Society (ORS). The meetings, underway in Las Vegas, attract an estimated 15,000 orthopedic healthcare professionals from around the world.
A major highlight at the AAOS was the invited presentation given by Mr Richard de Steiger, the Principal Investigator of Mesoblast's long bone non-union clinical trial at The Royal Melbourne Hospital. Mr de Steiger presented the positive results from the company's successful trial in 10 patients treated with the proprietary adult stem cells for non-healing fractures of the tibia and femur.
At the ORS, Dr Tony Goldschlager of Monash University in Melbourne presented results from preclinical trials showing that Mesoblast's allogeneic, or "off-the-shelf", cells were safe and highly effective for interbody fusion of the cervical spine in the neck.
Also at the ORS, Professor Peter Ghosh presented preclinical results which showed that a single injection of Mesoblast's allogeneic cells into knee joints with pre-existing osteoarthritis reduced disease progression and supported reconstitution of knee joint cartilage six months after administration.
Mesoblast will continue to ensure that its clinical achievements and cutting edge research are highlighted and recognised at respected and prestigious conferences, meetings attended by key opinion leaders, and peer-reviewed publications.
About Mesoblast Limited
Mesoblast Limited (ASX:MSB) (OTC ADR: MBLTY) is the world's leading developer of innovative biological products for the broad field of regenerative medicine.
Mesoblast's commercial strategy is based on its unique proprietary adult mesenchymal precursor cells.
The company's lead products will target cardiovascular conditions, diabetes, inflammatory conditions of lungs and joints, eye diseases, bone marrow cancers, bone fractures, cartilage degeneration and musculoskeletal conditions.
Mesoblast and global biopharmaceutical company Cephalon Inc. have established a strategic alliance to commercialize adult stem cell products for degenerative conditions of the cardiovascular and central nervous systems. The alliance also extends to products for augmenting bone marrow transplantation in cancer patients.
Mesoblast Limited
