Mesoblast (ASX: MSB, Nasdaq: MESO) Signs NDRA with U.S. Government for Ryoncil® Coverage

Mon 31 Mar 25, 02:54 AM | Team Kalkine

Image source: Shutterstock

Highlights

Mesoblast (ASX: MSB, Nasdaq: MESO), a leader in allogeneic cellular medicines, has announced that it has entered into a Medicaid National Drug Rebate Agreement (NDRA) with the U.S. Centers for Medicare & Medicaid Services (CMS). This agreement enables the U.S. government to provide access to Ryoncil® (remestemcel-L), a mesenchymal stromal cell (MSC) therapy, for pediatric patients diagnosed with steroid-refractory acute graft versus host disease (SR-aGvHD).

Ryoncil® is the first FDA-approved MSC therapy for any indication and is now available for approximately 40% of U.S. children covered by Medicaid who have SR-aGvHD. The therapy will be accessible to both inpatient and outpatient settings, and U.S. states have the option to immediately begin coverage, with mandatory coverage set to begin on July 1, 2025. The first three children will begin receiving treatment with Ryoncil® this week.

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