Mereo BioPharma Group plc, a biopharmaceutical company, develops and commercializes therapeutics for the treatment of oncology and rare diseases in the United Kingdom, the United States, and internationally. It develops Etigilimab, an antibody T-cell immunoreceptor with Ig and ITIM domains, which is in Phase 1b clinical trial for use in the treatment of tumors. The company is also developing Navicixizumab, which has completed Phase 1b clinical trials for the treatment of the late line ovarian cancer; Acumapimod, a p38 MAP kinase inhibitor that is in Phase II clinical trials to treat acute exacerbations of chronic obstructive pulmonary disease; and Leflutrozole, an oral aromatase inhibitor, which is in Phase 2 trials for use in the treatment of hypogonadotropic hypogonadism. In addition, it develops rare disease product candidates, including Setrusumab, an antibody for the treatment of osteogenesis imperfecta; and Alvelestat, an oral small molecule that is in Phase II clinical trial to treat Alpha-1 anti-trypsin deficiency. The company has a license agreement with Feng Biosciences for the development and commercialization of navicixizumab; license agreement with ReproNovo for the development and commercialization of leflutrozole; and licensing agreement with AstraZeneca. Mereo BioPharma Group plc was incorporated in 2015 and is headquartered in London, United Kingdom.
Pipeline Promise | Explore Mereo BioPharma's late-stage assets: setrusumab for osteogenesis imperfecta and alvelestat for AATD, poised to transform rare disease treatment |
Market Potential | Delve into setrusumab's commercial prospects, with EU revenue potentially exceeding $500M by mid-2030s and a lean sales force requirement |
Financial Health | Learn about Mereo's strong cash position, supporting operations into 2027, and its attractive valuation relative to perceived opportunity |
Analyst Outlook | Discover Wall Street's optimism with price targets ranging from $6.41 to $10.68, significantly above the current $2.53 share price |
Metrics to compare | MREO | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipMREOPeersSector | |
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P/E Ratio | −7.3x | −2.9x | −0.5x | |
PEG Ratio | 0.10 | −0.01 | 0.00 | |
Price/Book | 5.8x | 1.8x | 2.6x | |
Price / LTM Sales | - | 8.1x | 2.9x | |
Upside (Analyst Target) | 219.6% | 231.0% | 45.8% | |
Fair Value Upside | Unlock | 26.3% | 8.6% | Unlock |