Mereo BioPharma Group plc Appointment of Nominated Adviser & Broker (2956V)

TIDMMPH

RNS Number : 2956V

Mereo BioPharma Group plc

06 August 2020

Mereo BioPharma Group plc

("Mereo" or the "Company" or the "Group")

Appointment of N+1 Singer as Nominated Adviser & Broker

London and Redwood City, Calif., August 6, 2020 - Mereo BioPharma Group plc (NASDAQ: MREO, AIM: MPH), "Mereo" or "the Company", a clinical-stage biopharmaceutical company focused on oncology and rare diseases, announces the appointment of N+1 Singer as nominated adviser and broker with immediate effect.

For Further Information:

 
 Mereo 
 Denise Scots-Knight, Chief Executive Officer               [phone] 
 N+1 Singer (Nominated Adviser and Broker 
  to Mereo) 
 Aubrey Powell / Iqra Amin / Kailey Aliyar                 [phone] 
 
 Burns McClellan (US Investor Relations 
  Adviser to Mereo) 
 Lisa Burns, Steve Klass                                   +01 (0) 212 213 0006 
 
 FTI Consulting (UK Public Relations Adviser 
  to Mereo) 
 Simon Conway, Ciara Martin                                 [phone] 
 
 Investors                                         [e-mail] 
 
 

Notes for editors

About Mereo BioPharma (www.mereobiopharma.com)

Mereo BioPharma is a biopharmaceutical company focused on the development and commercialization of innovative therapeutics that aim to improve outcomes for patients with oncology and rare diseases. Mereo's strategy is to selectively acquire product candidates for oncology and rare diseases that have already received significant investment from pharmaceutical and large biotechnology companies and that have substantial preclinical, clinical and manufacturing data packages.

Mereo's lead oncology product candidate, etigilimab, an anti-TIGIT, has completed a Phase 1a and Phase 1b for a range of solid tumor types and the second product candidate, navicixizumab, for ovarian cancer has been licensed to Oncologie Inc. for up to $300M in milestone payments. Mereo's lead rare disease product candidate, setrusumab, has completed a Phase 2b dose-ranging study in adults with osteogenesis imperfecta ("OI") and a pivotal Phase 3 study design in paediatrics has been agreed with the FDA and EMA. Mereo's second lead product candidate, alvelestat, is being investigated in a Phase 2 proof-of-concept clinical trial in patients with alpha-1 antitrypsin deficiency ("AATD"). Mereo plans to form a strategic partnership for setrusumab prior to initiation of the paediatric pivotal study.

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August 06, 2020 02:00 ET (06:00 GMT)