Continuing a trend of small companies merging in a tight financial market to increase their runway and R&D shots on goal, MEI Pharma, Inc. and Infinity Pharmaceuticals, Inc. revealed on 23 February that they plan to merge, with a focus on Infinity’s Phase II PI3K inhibitor eganelisib in metastatic head-and-neck cancer as well as two early-stage cancer candidates from MEI.
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