Mereo BioPharma's 87.7% Stock Decline Due to Alleged Misrepresentations About Setrusumab Efficacy
ByAinvest
Monday, Feb 23, 2026 5:42 pm ET1min read
MREO--
Mereo BioPharma Group plc's stock declined 87.7% after the company announced that its Phase 3 trials failed to meet primary endpoints. The complaint alleges that the defendants made misleading statements despite prior warning signs and a failed second interim analysis. Investors have until April 6, 2026, to seek lead plaintiff status. Levi & Korsinsky, LLP is investigating the claims.
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