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Mereo BioPharma Group plc (MREO): A Bull Case Theory

We came across a bullish thesis on Mereo BioPharma Group plc (MREO) on Raging Bull Investments’ Substack by Jake LaMotta. In this article we will summarize the bulls’ thesis on MREO. Mereo BioPharma Group plc (MREO) share was trading at $3.95 as of Sept 17th.

[caption id="attachment_904172" align="aligncenter" width="450"] Pixabay/Public domain[/caption]

Mereo BioPharma is positioning itself as a key player in rare diseases, with Ultragenyx recently providing a highly optimistic update on setrusumab’s phase 3 trials for osteogenesis imperfecta (OI). The updated 14-month phase...