“Charles Russell Speechlys LLP advised Kreos Capital V (UK) Limited and Silicon Valley Bank on their £20 million growth capital investment to Mereo BioPharma Group Plc (“Mereo BioPharma”), a UK-based specialty bio-pharmaceutical company listed on the AIM market of the London Stock Exchange.

Mereo BioPharma was established to address the R&D and financial challenges faced by an increasing number of large pharmaceutical and biotech companies, and to optimise drug development and ensure that promising drug candidates fulfil their potential.

Mereo BioPharma announced to the market that it will use the financing to increase its operational and development flexibility.

The Charles Russell Speechlys core team comprised Chris Putt (Partner), Rossana Conti (Senior Associate), Amelly Kok (Associate) and Olivia Mackie (Associate) from our Corporate Team, and Daniel Sullivan (Partner) and Susan Mitchell (Senior Associate) from our Banking Team.”