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AZ Licensing Deal Boosts Mereo Orphan Disease Model

 
• By Kevin Grogan

UK group Mereo BioPharma is paying a very reasonable $5m to get its hands on AstraZeneca’s Phase II compound for the rare genetic disorder AATD.

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We'll have that one: Mereo has picked up a non-core drug candidate from AZ • Source: Shutterstock

The UK's Mereo BioPharma Group Ltd. has bagged another big pharma shareholder as part of a licensing deal to develop an AstraZeneca PLC compound, which is being developed for the genetic orphan disease alpha-1 antitrypsin deficiency (AATD).

Mereo plans to conduct a Phase II study on AZD9668 as a treatment for AATD, which affects approximately 100,000 patients...

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