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0.00955414012738861 0.00955414012738861 0.00955414012738861 0.00955414012738861 -0.0191082802547771 -0.0445859872611465 -0.0445859872611465 -0.0445859872611465
Stock impact report

MEI Pharma Reports First Quarter Fiscal Year 2025 Cash Position

MEI Pharma, Inc. (MEIP) 
Last mei pharma, inc. earnings: 2/6 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.meipharma.com
Company Research Source: Business Wire
Reaffirms Continuation of Evaluation of Strategic Alternatives SAN DIEGO--(BUSINESS WIRE)--MEI Pharma, Inc. (Nasdaq: MEIP) (the “Company”) today reported results for its quarter ended September 30, 2024.As previously announced in July 2024, the Company is continuing its review and evaluation of potential strategic alternatives. In the review, the Company continues to consider options such as out-licensing opportunities for existing programs and merger and acquisition opportunities, with the goal of maximizing the value of its assets for its stockholders. Oppenheimer & Co., Inc. is serving as the Company’s exclusive financial advisor in this process.During the first quarter of fiscal year 2025, the Company commenced cash preservation efforts that include a reduction-in-force, which will continue in stages as the Company’s operational and strategic direction evolves.There can be no assurance the exploration of strategic alternatives will result in any agreements or transactions, or, Show less Read more
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