Further boost for Mereo's candidate in brittle bone disease

20 February 2017

Rare and specialty diseases specialist Mereo BioPharma Group (AIM: MPH) was trading 2% higher on Monday lunchtime at £2.90 ($3.62) after more positive news on an asset which it acquired from Swiss pharma major Novartis (NOVN: VX) in 2015.

BPS-804 has been accepted to participate in the adaptive pathways program, part of the European Medicines Agency’s efforts to improve timely access for patients to new medicines, primarily in areas of high medical need.

"We are on track to initiate a Phase IIb trial in the first half of 2017 and as part of the adaptive pathways program we have the potential to bring this important therapy to patients sooner"

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