“…The etiology of bone marrow (BM) failure in MDS is not yet fully understood but is multifactorial and caused by intrinsic defects in the HSC (e.g., mutations in AML1, EVI1, NUP98 and NUP214) as well as extrinsic defects in the BM niche [3]. The latter include excess production of, for example, tumor necrosis factor-α and interferon-γ, abnormalities in endothelial cells, mesenchymal stromal cells (MSCs) and osteoblasts (cells that are part of the HSC niche) and activation of T lymphocytes, monocytes and dendritic cells leading to abnormal proliferation and differentiation of HSCs [4][5][6][7][8][9].The only curative therapy is allogeneic HSC transplantation, which is suitable for only a minority of the patients due to advanced age. Recently, three drugs have been approved by the U.S. Food and Drug Administration: decitabine, lenalidomide and 5-azacitidine (the last two are also approved by the European Medicines Agency); in a subgroup of MDS patients, these drugs decrease cytopenias, induce cytogenetic remission and reduce BM blasts, while not completely eradicating the malignant HSC clone [10].…”