Mereo BioPharma Secures Major Option Deal for Alvelestat and Extends Cash Runway

Mereo BioPharma shares rose ~27% after a key option-and-license deal for alvelestat with Sentynl and an updated cash runway into late 2027.

Mereo BioPharma Secures Major Option Deal for Alvelestat and Extends Cash Runway
Credit: Mereo BioPharma
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