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MEI Pharma reports quarterly loss, stock dips, but receives a "buy" rating from StockNews.com.
MEI Pharma, a clinical-stage pharmaceutical company developing cancer treatments, reported a quarterly loss of $0.48 per share, causing its stock price to drop by $0.04 to $2.66.
Despite the loss, StockNews.com recently initiated coverage with a "buy" rating.
The company has a market cap of $17.72 million and is developing drugs like Zandelisib and Voruciclib for various cancers.
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MEI Pharma informa de pérdidas trimestrales, caídas de acciones, pero recibe una calificación de "compra" de StockNews.com.