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MEIP

MEI Pharma

$2.11

-0.03 (-1.40%)

08:11
02/13/18
02/13
08:11
02/13/18
08:11

MEI Pharma reports interim review data from ME-344 study

MEI Pharma announced that a planned interim review of data supports continuation of its multicenter, investigator sponsored, study evaluating ME-344, a novel mitochondrial inhibitor, in patients with HER2-negative breast cancer. The interim study data show that ME-344 was generally well-tolerated and, consistent with previous preclinical data, demonstrate the potential to reverse resistance to antiangiogenic therapy. Based on the interim results, it was determined that completion of enrollment of the clinical study of ME-344 in combination with bevacizumab is warranted.

MEIP MEI Pharma
$2.11

-0.03 (-1.40%)

05/24/17
OPCO
05/24/17
INITIATION
Target $6.5
OPCO
Outperform
MEI Pharma initiated with an Outperform at Oppenheimer
Oppenheimer analyst Leah Rush Cann started MEI Pharma with an Outperform rating and $6.50 price target, estimating that two of the company's three experimental compounds, namely Pracinostat and MEI-401, could result in sales in 2022. Pracinostat could result in calendar 2023 product sales of about $704M and royalty income to MEI of nearly $127M, while MEI-401 could yield CY2023 sales to the company of about $621M, the analyst noted.

TODAY'S FREE FLY STORIES

PSO

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LOW

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PSO

Pearson

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-0.08 (-0.82%)

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Pearson reports preliminary FY17 adjusted operating profit GBP576M, down 9% »

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SKX

Skechers

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0.8299 (2.17%)

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TTMI

TTM Technologies

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VLKAY

Volkswagen

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VIA

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CMCSK

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TWX

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DIS

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SNE

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FOX

21st Century Fox

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FX Action: USD-CAD »

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ATI

Allegheny Technologies

$27.04

0.41 (1.54%)

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NVRO

Nevro

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10:30
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MDXG

MiMedx

$8.88

-0.17 (-1.88%)

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WRK

WestRock

$65.72

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GILD

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A

Agilent

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VLKAY

Volkswagen

$40.89

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WLTW

Willis Towers Watson

$156.53

-1.04 (-0.66%)

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Willis Towers Watson management to meet with Morgan Stanley »

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$NSD

NASDAQ Market Internals

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WCN

Waste Connections

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$NYE

NYSE Market Internals

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BSX

Boston Scientific

$26.70

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, MSI

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$105.89

1.16 (1.11%)

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On The Fly: Top five analyst initiations »

Catch up on today's…click here.

BSX

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MSI

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$105.89

1.16 (1.11%)

ALB

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NEWR

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CTIC

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