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Notice of Results

9 Aug 2016 16:04

RNS Number : 7160G
Mereo BioPharma Group plc
09 August 2016
 

9 August 2016

 

Notice of Results

 

Mereo BioPharma Group plc ("Mereo" or the "Company") (AIM:MPH), a UK-based specialty biopharmaceutical company, will announce its interim results for the six months ended 30 June 2016 on Friday, 16 September 2016.

 

 

Enquiries:

 

 

Mereo BioPharma Group plc

 

+44 (0)333 023 7319

Denise Scots-Knight, Chief Executive Officer

 

Richard Bungay, Chief Financial Officer & COO

 

 

 

 

Cantor Fitzgerald Europe (Nominated Adviser and Broker)

 

+44 (0)20 7894 7000

Phil Davies

 

Will Goode

 

Rick Thompson

 

Callum Butterfield

 

 

 

 

RBC Capital Markets (Joint Broker)

 

+44 (0)20 7653 4000

Paul Tomasic

 

Rupert Walford

 

Thomas Stockman

 

Laura White

 

 

 

 

FTI Consulting (Public Relations Adviser)

 

+44 (0)20 3727 1000

Ben Atwell

 

Simon Conway

 

Brett Pollard

 

About Mereo

 

Mereo is a UK-based biopharmaceutical company focused on the development of innovative medicines that aim to address unmet medical needs in rare and specialty disease areas and improve patient quality of life. The Company seeks to selectively acquire development-stage product candidates with demonstrated clinically meaningful data from large pharmaceutical companies and to rapidly progress these product candidates to subsequent value inflection points.

 

Mereo combines the operational discipline and efficiency of a small company with the financial resources to conduct comprehensive clinical studies. The Company has the option to directly commercialise products, for example in orphan diseases, in addition to partnering or divesting its products.

 

Mereo's initial portfolio consists of three mid-late stage clinical assets that were acquired from Novartis in July 2015. BPS-804 is being developed for the prevention of fractures resulting from osteogenesis imperfecta (brittle bone disease); BCT-197, is being developed to treat inflammation in patients with an acute exacerbation of chronic obstructive pulmonary disease; and BGS-649 is a once-weekly pill to restore normal testosterone levels in men with hypogonadal hypogonadism.

 

In H1 2016 the Company initiated a Phase 2 study with BCT-197 and a Phase 2b study with BGS-649. Mereo intends to commence a Phase 2b/3 study during H2 2016 for BPS-804. Additional product opportunities (from a range of large pharmaceutical companies) are under active evaluation.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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