
MREO Stock Forecast & Price Target
MREO Analyst Ratings
Bulls say
Mereo BioPharma Group is expected to see positive results for its rare disease pipeline, with a promising product, alvelestat, in phase III development for AATD-LD and potential market approvals in both US and Europe by 2023. The company's strong financial position, with potential milestone payments of up to $435M and double-digit royalties on US sales, provides stability in terms of funding for continued research and development. While risks to the company's pipeline are inherent in the biotechnology industry, Mereo's established track record and upcoming Phase III readouts make it a compelling stock for investors.
Bears say
Mereo BioPharma Group is a biopharmaceutical company with a limited pipeline that currently relies heavily on two late-stage clinical product candidates, setrusumab and alvelestat, for the treatment of rare diseases. Although the recent option agreement with Sentynl for the US commercialization of alvelestat may provide short-term financial relief, it highlights potential concerns about the strength and value of the company's pipeline. Additionally, while alvelestat may address a high unmet need, the potential market size for the drug is limited compared to other rare disease treatments. The ongoing regulatory discussions for setrusumab and the limited potential for revenue from alvelestat further compound our negative outlook on the company's stock.
This aggregate rating is based on analysts' research of Mereo Biopharma Group Plc - ADR and is not a guaranteed prediction by Public.com or investment advice.
MREO Analyst Forecast & Price Prediction
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