Ryoncil® Sales Surge 60% to $35.1 Million in December Quarter
Company Symbol: MESO
Source: GlobeNewsWire
Impressive Revenue Growth Driven by Ryoncil® Sales
Mesoblast Limited (NASDAQ: MESO; ASX: MSB), a leader in allogeneic cellular medicines for inflammatory diseases, has announced a substantial increase in sales revenue. For the quarter ending December 31, 2025, the company reported gross revenue of US$35.1 million from Ryoncil® (remestemcel-L-rknd), reflecting a remarkable 60% increase compared to the previous quarter.
Significance of Ryoncil® in the Market
Ryoncil® is the only FDA-approved mesenchymal stromal cell (MSC) product for the treatment of children under 12 years with steroid-refractory acute graft-versus-host disease (SR-aGvHD). This unique positioning not only serves a vital need in pediatric care but also opens up future avenues as Mesoblast moves to evaluate Ryoncil® in a pivotal trial for adults suffering from SR-aGvHD—a market estimated to be approximately three times larger than that for pediatric patients.
Strengthening Financial Position with Strategic Financing
The increase in quarterly revenues has contributed positively to Mesoblast’s financial health, coinciding with the announcement of a US$125 million financing facility from its largest shareholder. This new agreement has markedly reduced the company’s cost of capital and enhanced its flexibility for strategic partnerships and commercialization efforts.
- Full repayment of prior senior secured loan
- Partial repayment of subordinated royalty facility, expected to be fully repaid by mid-CY2026
- Flexibility to repay the new facility without early prepayment fees
- No restrictions on additional unsecured debt or licensing activities
Future Outlook for Mesoblast
Dr. Silviu Itescu, Chief Executive of Mesoblast, expressed optimism regarding the company's future, stating, “Our strong balance sheet, continued growth in quarterly sales of Ryoncil®, and a new lower-cost financing facility provides greater flexibility for strategic partnerships and pursuit of label expansion for Ryoncil®.”
About Mesoblast
Mesoblast specializes in developing allogeneic cellular medicines targeting severe inflammatory conditions. Their proprietary technology harnesses mesenchymal lineage cell therapy to combat inflammation through the release of anti-inflammatory factors, fundamentally altering the immune response.
- Ryoncil®: FDA-approved for pediatric SR-aGvHD.
- Pipeline: Additional developments targeting SR-aGvHD in adults and biologic-resistant inflammatory bowel disease.
- Commercial partnerships: Established in Japan, Europe, and China.