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Mesoblast reports Q2 Ryoncil revenue up 66% y/y

Mesoblast (MESO) “announced gross revenue of $21.9 million on Ryoncil (remestemcel-L-rknd) sales for the quarter ended September 30, 2025. This represents a 66% increase on the prior quarter ended June 30, 2025, with similar gross to net adjustment. Ryoncil is the first mesenchymal stromal cell (MSC) product approved by the U.S. Food and Drug Administration for any indication, and the only product approved for children under age 12 with steroid-refractory acute graft-versus-host disease (SR-aGvHD).” CEO Dr. Silviu Itescu said: “We are very pleased with the adoption of Ryoncil(R) to date and with reimbursement by both commercial and government payers. We expect adoption to be further enhanced following the permanent J-Code assigned by Centers for Medicare and Medicaid Services which became active October 1.”

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