Dec 16 (Reuters) - Mesoblast Ltd MSB.AX :
* Provides strategic update and reports on first quarter financial results
* Q1 revenue $7.5 million versus $7.0 million
* Says first royalties from temcell product sales expected in Q1 2016
* Qtrly loss per share 3.94 cents
* Source text for Eikon ID:nGNXMIWWUa
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