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MEI Pharma, Inc. - MEIP STOCK NEWS

Welcome to our dedicated page for MEI Pharma news (Ticker: MEIP), a resource for investors and traders seeking the latest updates and insights on MEI Pharma stock.

MEI Pharma, Inc. (NASDAQ: MEIP), based in San Diego, is an oncology-focused biotechnology company dedicated to the clinical development of innovative cancer therapies. The company's mission is to improve the quality of life and outcomes for cancer patients through the development of novel treatments.

Core Business and Drug Candidates:

  • Pracinostat: MEI Pharma's lead drug candidate, Pracinostat, is an oral histone deacetylase (HDAC) inhibitor. It has received breakthrough therapy designation from the FDA when used in combination with azacitidine for treating patients with newly diagnosed acute myeloid leukemia (AML) who are aged 75 or above, or those unfit for intensive chemotherapy.
  • ME-401 (formerly PWT143): A next-generation oral phosphatidylinositide 3-kinase delta (PI3K delta) inhibitor being developed for patients with recurrent chronic lymphocytic leukemia (CLL) or follicular non-Hodgkin's lymphoma (NHL).
  • ME-344: This isoflavone-based mitochondrial inhibitor is being explored for the treatment of HER2-negative breast cancer, demonstrating MEI Pharma's commitment to addressing unmet needs in oncology.

Recent Achievements and Partnerships: MEI Pharma has made significant strides in its clinical programs. The breakthrough therapy designation for Pracinostat underscores its potential impact in the treatment landscape of AML. In addition, strategic collaborations with leading research institutions and oncology experts bolster the company's development capabilities and market positioning.

Financial Condition: MEI Pharma continues to focus on advancing its clinical pipeline while maintaining a prudent financial strategy. The company’s investment in cutting-edge research and clinical trials is supported by strategic funding initiatives, ensuring sustained progress in its mission to combat cancer.

Current Projects: The clinical development of Pracinostat, ME-401, and ME-344 remains at the forefront of MEI Pharma’s efforts. Ongoing clinical trials and research are expected to provide valuable data, guiding future regulatory submissions and potential market approvals.

With a robust pipeline and a clear focus on innovative cancer therapies, MEI Pharma, Inc. stands as a significant player in the oncology sector. For more information, please visit www.meipharma.com.

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FAQ

What is the current stock price of MEI Pharma (MEIP)?

The current stock price of MEI Pharma (MEIP) is $3.1 as of September 6, 2024.

What is the market cap of MEI Pharma (MEIP)?

The market cap of MEI Pharma (MEIP) is approximately 20.3M.

What is MEI Pharma, Inc.?

MEI Pharma is a San Diego-based biotechnology company focused on developing innovative cancer therapies.

What is Pracinostat?

Pracinostat is MEI Pharma's lead drug candidate, an oral HDAC inhibitor for treating acute myeloid leukemia (AML) in certain patients.

What other drug candidates does MEI Pharma have?

MEI Pharma's pipeline includes ME-401, a PI3K delta inhibitor, and ME-344, a mitochondrial inhibitor.

What recent achievements has MEI Pharma made?

Pracinostat received breakthrough therapy designation from the FDA for certain AML patients.

What partnerships does MEI Pharma have?

MEI Pharma collaborates with leading research institutions and oncology experts to advance its clinical programs.

How is MEI Pharma financially supported?

MEI Pharma maintains a prudent financial strategy, supported by strategic funding initiatives for its research and clinical trials.

Where can I find more information about MEI Pharma?

More information can be found on their official website: www.meipharma.com.

What are the main focuses of MEI Pharma's current projects?

MEI Pharma is focused on the clinical development of Pracinostat, ME-401, and ME-344 through ongoing trials and research.

Where is MEI Pharma located?

MEI Pharma is headquartered in San Diego, California.

What is ME-401 used for?

ME-401 is an oral inhibitor being developed for recurrent chronic lymphocytic leukemia or follicular non-Hodgkin's lymphoma.

MEI Pharma, Inc.

Nasdaq:MEIP

MEIP Rankings

MEIP Stock Data

20.26M
6.66M
0.39%
41.08%
0.73%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
SAN DIEGO