Mereo BioPharma Faces Investor Lawsuit After Phase 3 Trial Failures Trigger Stock Plunge

Reuters

14 hours ago

Mereo BioPharma Faces Investor Lawsuit After Phase 3 Trial Failures Trigger Stock Plunge

Levi & Korsinsky has filed a securities lawsuit involving Mereo BioPharma Group plc, alleging the company misled investors about the prospects for its setrusumab program. The litigation points to sharp share-price drops after disclosures that the ORBIT and COSMIC Phase 3 studies did not achieve statistical significance, including an 87.7% plunge on Dec. 29, 2025. Investors have until April 6, 2026 to seek lead plaintiff status.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mereo BioPharma Group plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602231628PRIMZONEFULLFEED9659620) on February 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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