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Drugs & Pharmaceuticals M&A image Drugs & Pharmaceuticals M&A » By The Online Investor Staff, updated Mon., Jan. 24, 2:10 AM Recent mergers and acquisitions in the Drugs & Pharmaceuticals M&A category.

Slide #76. MEI Pharma, Inc. PWT143

Acquirer: MEI Pharma, Inc. (NASDAQ:MEIP)
Acquiree: PWT143
Details: MEI Pharma, Inc. (Nasdaq: MEIP), an oncology company focused on the clinical development of novel therapies for cancer, announced today that it has acquired exclusive worldwide rights to the investigational drug candidate PWT143 from Pathway Therapeutics, Inc., a privately held pharmaceutical company, for an undisclosed upfront payment with no future milestone or royalty obligations.

MEI Pharma is a late-stage pharmaceutical company focused on the development and commercialization of cancer therapies. Co.'s drug candidate pipeline includes: Zandelisib, an oral, once-daily, selective phosphatidylinositol 3-kinase delta inhibitor for the treatment of B-cell malignancies; Voruciclib, an orally administered cyclin-dependent kinase inhibitor; ME-344, a tumor selective, isoflavone-derived mitochondrial inhibitor drug candidate; and Pracinostat, an oral histone deacetylase inhibitor being evaluated in patients with high or very high-risk myelodysplastic syndrome who are previously untreated with hypomethylating agents.

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Company Name: 
MEI Pharma Inc
Website: 
www.meipharma.com
Sector: 
Drugs & Pharmaceuticals
Number of ETFs Holding MEIP: 
14
Total Market Value Held by ETFs: 
$20.38M
Total Market Capitalization: 
$258.00M
% of Market Cap. Held by ETFs: 
7.90%
 

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Strong Buy (4.00 out of 4)
82nd percentile
(ranked higher than approx. 82% of all stocks covered)

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