Why MEI Pharma Is Tanking 15.3% Today

Why MEI Pharma Is Tanking 15.3% Today

What happened Shares in MEI Pharma (NASDAQ: MEIP) are tumbling 15.3% at 11:55 a.m. EDT on Thursday following news its collaboration partner, Helsinn Group, is discontinuing a phase 3 trial of pracinostat in acute myeloid leukemia, or AML.