John Hester's questions to MESOBLAST (MESO) leadership • FY 2025
Question
John Hester of Bell Potter Securities questioned the status of market access for RYONCIL, specifically asking what work remained to be done with Medicare and payers across U.S. states.
Answer
Chief Commercial Officer Marcelo Santoro stated that market access is already well-established, with coverage for over 250 million lives. He confirmed that Medicaid coverage is in place in all states as of July 1 and that all major commercial payers, including Aetna, Cigna, and United, have issued favorable policies that do not require step-therapy. He also noted that a specific J-code will become effective on October 1 to further streamline billing.