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Mereo BioPharma NASDAQ:MREO Mereo BioPharma is a biopharmaceutical company focused on the development and commercialization of innovative therapeutics that aim to improve outcomes for oncology and rare diseases. The Company has developed a portfolio of six clinical stage product candidates. Mereo's lead oncology product candidate, etigilimab (Anti-TIGIT), has recently advanced into an open label Phase 1b/2 basket study evaluating Anti-TIGIT in combination with an anti-PD-1 in a range of tumor types including three rare tumors and a number of gynecological carcinomas including cervical and endometrial carcinomas. The Company's second oncology product, navicixizumab, for the treatment of late line ovarian cancer, has completed a Phase 1 study and has been partnered with OncXerna Therapeutics, Inc., formerly Oncologie, Inc. The Company has two rare disease product candidates: alvelestat for the treatment of severe Alpha-1 antitrypsin deficiency (AATD), which is being investigated in an ongoing Phase 2 proof-of-concept study in the U.S. and Europe, for which the Company expects to report top line data in the second half of 2021, and setrusumab for the treatment of osteogenesis imperfecta (OI). In September 2020, the FDA granted Rare Pediatric Disease designation to setrusumab for the treatment of OI. Following the completion of the Company's Phase 2b ASTEROID study, the Company met with both the FDA and the European Medicines Agency (EMA) to discuss the principles of a design of a single Phase 2/3 registrational pediatric study in OI. In December 2020, the Company signed a license and collaboration agreement for setrusumab in OI with Ultragenyx Pharmaceutical Inc.
Location: Fourth Fl, London, W1G 0QF, United Kingdom | Website: mereobiopharma.com | Industry: Research and Development in Biotechnology | Sector: Professional, Scientific, and Technical Services
Market Cap
NaN
52 Wk Range
$ - $
Previous Close
$N/A
Open
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Day Range
N/A - N/A
Volume
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Avg Volume
N/A
Enterprise Value
2.191B
Cash
80.52M
Avg Qtr Burn
-7.551M
Short % of Float
1.64%
Insider Ownership
1.02%
Institutional Own.
70.75%
Qtr Updated
09/30/24
Drug Pipeline
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Drug & Indication | Stage & Event | Catalyst Date |
---|---|---|
Setrusumab (UX143) Details Osteogenesis imperfecta | Phase 2/3 Update | |
Alvelestat (MPH-966) (oral neutrophil elastase inhibitor) Details Bronchiolitis Obliterans Syndrome | Phase 2 Data readout | |
Alvelestat (MPH-966) (oral neutrophil elastase inhibitor) Details Severe alpha-1 antitrypsin deficiency, Lung disease | Phase 2 Update | |
Etigilimab Details Ovarian cancer, Cancer | Phase 1b Update | |
Etigilimab (MPH-313) (Antibody against TIGIT) + Nivolumab Details Solid tumor/s, Cancer | Phase 1b Update | |
Failed Discontinued |