Brookline Capital Markets Downgrades MEI Pharma (MEIP) to Hold

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/27/2026

1. ORCL
2. AVGO
3. CDNS
4. SPY
5. INTC
6. META
7. JBLU
8. ANT
9. NVDA
10. AAPL

Go back to Brookline Capital Markets Downgrades MEI Pharma (MEIP) to Hold

MEI Pharma to Consider Strategic Alternatives

July 22, 2024 8:30 AM EDT

Company Commences a Cash Preservation Plan Including a Reduction in Force

SAN DIEGO--(BUSINESS WIRE)-- MEI Pharma, Inc. (Nasdaq: MEIP) (the Company) today announced that its Board of Directors has determined unanimously to begin evaluation of the Companys strategic alternatives, including potential transactions as well as an orderly wind down of the Company, if appropriate, in order to maximize the value of its assets for its stockholders. The Company intends to evaluate and engage a financial advisor to assist in this process.

In order to best preserve... More