MEI Pharma Engages Oppenheimer & Co. Inc. to Assist in Evaluating Strategic Alternatives
2024年8月12日 - 9:30PM
ビジネスワイヤ(英語)
MEI Pharma, Inc. (Nasdaq: MEIP) (the “Company”) today announced
that it has engaged Oppenheimer & Co. Inc. to serve as the
Company’s exclusive financial advisor to assist in its previously
announced process to review and evaluate strategic alternatives.
The Company remains focused on maximizing the value of its assets
for its stockholders.
There can be no assurance the exploration of strategic
alternatives will result in any agreements or transactions, or, if
completed, any agreements or transactions will be successful or on
attractive terms. The Company does not expect to disclose
developments with respect to this process unless or until the
evaluation of strategic alternatives has been completed or the
Board of Directors has concluded disclosure is appropriate or
legally required.
About MEI Pharma
MEI Pharma, Inc. (Nasdaq: MEIP) is a clinical-stage
pharmaceutical company committed to developing novel and
differentiated cancer therapies. We build our pipeline by acquiring
promising cancer agents and creating value in programs through
development, strategic partnerships, out-licensing and
commercialization, as appropriate. Our approach to oncology drug
development is to evaluate our drug candidates in combinations with
standard-of-care therapies to overcome known resistance mechanisms
and address clear medical needs to provide improved patient
benefit. The drug candidate pipeline includes voruciclib, an oral
cyclin-dependent kinase 9 (“CDK9”) inhibitor, and ME-344, an
intravenous small molecule mitochondrial inhibitor targeting the
oxidative phosphorylation pathway. For more information, please
visit www.meipharma.com. Follow us on X (formerly Twitter)
@MEI_Pharma and on LinkedIn.
Forward-Looking
Statements
Certain information contained in this press release that are not
historical in nature are “forward-looking statements” within the
meaning of the “safe harbor” provisions of the Private Securities
Litigation Reform Act of 1995 including, without limitation,
statements regarding the Company’s ability to identify, assess and
execute a strategic transaction or realize value from its existing
assets, the Company’s ability to preserve cash in order to
adequately fund an orderly wind down of its operations if no
transaction is consummated, the ability of stockholders and other
stakeholders to realize any value or recovery as part of a
transaction or a wind down process, the Company’s workforce
reduction and future charges expected to be incurred in connection
therewith, the adequacy or sufficiency of the Company’s existing
cash resources and other statements. You should be aware that our
actual results could differ materially from those contained in the
forward-looking statements, which are based on management’s current
expectations and are subject to a number of risks and
uncertainties, including, but not limited to the Company’s ability
to identify attractive strategic alternatives; the Company’s
ability to retain key personnel; the adequacy of the Company’s
capital resources in light of changing circumstances; the actions
of various stakeholders of the Company; uncertainty regarding the
impact of rising inflation and the increase in interest rates as a
result; potential economic downturn; activist investors; government
regulation; and one-time events. We do not intend to update any of
these factors or to publicly announce the results of any revisions
to these forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240812650753/en/
Justin J. File 858-898-0976 investor@meipharma.com
MEI Pharma (NASDAQ:MEIP)
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