Mereo BioPharma Group plc

NasdaqCM MREO

Mereo BioPharma Group plc Debt to Equity Ratio for the year ending December 31, 2023: 0.12

Mereo BioPharma Group plc Debt to Equity Ratio is 0.12 for the year ending December 31, 2023, a -42.95% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Mereo BioPharma Group plc Debt to Equity Ratio for the year ending December 31, 2022 was 0.21, a 8.40% change year over year.
  • Mereo BioPharma Group plc Debt to Equity Ratio for the year ending December 31, 2021 was 0.19, a 115.90% change year over year.
  • Mereo BioPharma Group plc Debt to Equity Ratio for the year ending December 31, 2020 was -1.20, a -248.78% change year over year.
  • Mereo BioPharma Group plc Debt to Equity Ratio for the year ending December 31, 2019 was 0.81, a 22.83% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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NasdaqCM: MREO

Mereo BioPharma Group plc

CEO Dr. Denise Vera Scots-Knight Ph.D.
IPO Date April 24, 2019
Location United Kingdom
Headquarters One Cavendish Place
Employees 33
Sector Health Care
Industries
Description

Mereo BioPharma Group plc, a biopharmaceutical company, develops and commercializes therapeutics for the treatment of oncology and rare diseases in the United Kingdom and internationally. Its lead product candidate, etigilimab (OMP-313M32), an antibody T-cell immunoreceptor with Ig and ITIM domains, which is in Phase 1b clinical trial for the treatment of tumor. The company is also developing Navicixizumab (OMP-305B83), which has completed Phase 1b clinical trials for the treatment of the late line ovarian cancer; Acumapimod (BCT-197), a p38 MAP kinase inhibitor that is in Phase II clinical trials to treat acute exacerbations of chronic obstructive pulmonary disease; and Leflutrozole (BGS-649), an oral aromatase inhibitor for the treatment of hypogonadotropic hypogonadism. In addition, it develops rare disease product candidates, including Setrusumab (BPS-804), a novel antibody for the treatment of osteogenesis imperfecta; and Alvelestat (MPH-966), an oral small molecule that is in Phase II clinical trial to treat Alpha-1 antitrypsin deficiency. The company has a collaboration with The University of Texas MD Anderson Cancer Center to evaluate anti-TIGIT therapeutic antibody candidate, etigilimab. Mereo BioPharma Group plc was incorporated in 2015 and is based in London, the United Kingdom.

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StockViz Staff

January 15, 2025

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