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June 17, 2022, 3:44 a.m. EDT

AstraZeneca weighing bid for Mereo BioPharma: report

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By Steve Goldstein

AstraZeneca /zigman2/quotes/200304487/composite AZN -0.70% /zigman2/quotes/203048482/delayed UK:AZN +1.02% is considering a bid for London-based, U.S.-listed biotech Mereo BioPharma /zigman2/quotes/205704941/composite MREO +1.01% , The Times reported without attribution . AstraZeneca already is a partner of Mereo, and the report said it may face competition from another of the cancer and rare disease specialist's partners, which include Novartis /zigman2/quotes/203243705/composite NVS -0.39% , OncXerna and Ultragenyx /zigman2/quotes/204970392/composite RARE -0.95% .

/zigman2/quotes/200304487/composite
US : U.S.: Nasdaq
$ 65.53
-0.46 -0.70%
Volume: 3.18M
Jan. 27, 2023 4:00p
P/E Ratio
100.38
Dividend Yield
2.17%
Market Cap
$203.43 billion
Rev. per Employee
$544,657
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/zigman2/quotes/203048482/delayed
UK : U.K.: London
10,730.00 p
+108.00 +1.02%
Volume: 389,284
Jan. 30, 2023 1:36p
P/E Ratio
97.83
Dividend Yield
2.07%
Market Cap
£164.62 billion
Rev. per Employee
£426,154
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/zigman2/quotes/205704941/composite
US : U.S.: Nasdaq
$ 1.00
+0.01 +1.01%
Volume: 278,246
Jan. 27, 2023 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$124.99 million
Rev. per Employee
N/A
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/zigman2/quotes/203243705/composite
US : U.S.: NYSE
$ 89.49
-0.35 -0.39%
Volume: 1.70M
Jan. 27, 2023 4:00p
P/E Ratio
9.21
Dividend Yield
2.41%
Market Cap
$196.24 billion
Rev. per Employee
$489,671
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/zigman2/quotes/204970392/composite
US : U.S.: Nasdaq
$ 43.72
-0.42 -0.95%
Volume: 449,661
Jan. 27, 2023 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$3.07 billion
Rev. per Employee
$306,854
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