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Novartis, Mesoblast ink deal worth Rs 370 crore for Remestemcel-L for Covid ARDS
Zurich: Novartis aims to boost its respiratory treatment portfolio with a $50 million deal for an off-the-shelf cell therapy from Mesoblast that it hopes to deploy for Covid-19 patients as well as others suffering from respiratory distress.The Swiss drugmaker's deal with Australia-based Mesoblast secures rights to develop, commercialize and manufacture Remestemcel-L for treating acute...
Zurich: Novartis aims to boost its respiratory treatment portfolio with a $50 million deal for an off-the-shelf cell therapy from Mesoblast that it hopes to deploy for Covid-19 patients as well as others suffering from respiratory distress.
Read also: Novartis India reports net profit at Rs 7.52 crore in Q2
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751