Setrusumab set to advance
Lighthouse | 11 November 2019
Trinity Delta view: Overall, the data from the Phase II study with setrusumab supports the continued development of the antibody in OI, even though the primary endpoint was missed. There are currently no approved medications for patients with OI, so the improvements seen in overall vBMD and trend seen in reduction in fracture rates means that setrusumab can still become a valuable treatment in OI.
We currently value Mereo BioPharma at £541m ($704m), equivalent to 506p/share or $25.59/ADS (fully diluted).
11 November 2019
|Price (UK share)|
Mereo BioPharma develops and commercialises innovative therapeutics addressing rare and specialty diseases. These are acquired or licensed in at clinical stages from large pharmaceutical companies. The portfolio consists of four compounds that are progressing through late clinical development.
Mick Cooper PhD
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