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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 Substack by Jake LaMotta. In this article, we will summarize the bulls’ thesis on MREO. Mereo BioPharma Group plc (MREO)'s share was trading at $2 as of April 16th.

[caption id="attachment_1238904" align="aligncenter" width="768"] A biopharmaceutical facility with technicians working on a manufacturing line of treatments and preventions.[/caption]

Mereo BioPharma (MREO) appears to be one of the most mispriced biotech opportunities following the broader XBI sell-off, trading at $1.80 despite prior enthusiasm...