The following information is disclosed in accordance with Rule 26 of the AIM Rules (July 2016).
Mereo is focused on the acquisition, development and monetisation of innovative medicines designed to address significant unmet medical needs in rare and specialty disease areas, and improve patient quality of life.
Mereo seeks to selectively acquire clinical-stage product candidates from large pharma and biotech companies and develop them to key value inflection points, then generate value realisation through sale, licensing or commercialisation. Since launch in March 2015, Mereo has acquired three product candidates from Novartis.
The company will continue to leverage its innovative business model and resources, acquire and develop additional product candidates that address a range of rare and specialty diseases with significant unmet clinical needs, and become an innovative leader in the specialty biopharmaceutical sector.
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Mereo is a specialty biopharma company developing innovative medicines for patients. Find out about our share price and latest trades.View Share Price