Omeros Corporation to Announce Second Quarter Financial Results on August 9, 2021

Rhea-AI Summary

Omeros Corporation (NASDAQ: OMER) is set to announce its Q2 financial results for the period ending June 30, 2021, on August 9, 2021, after market close. A conference call and webcast will follow at 4:30 p.m. ET to discuss the results and recent developments. Omeros is focused on developing therapeutics for inflammation and immunologic diseases, with its product OMIDRIA® gaining market traction. The company’s lead drug, narsoplimab, is under review by the FDA for a key indication related to hematopoietic stem cell transplants, while other drugs are in late-stage trials.

Positive

• OMIDRIA® continues to gain market share in cataract surgery.
• Narsoplimab is under priority review by the FDA for treating thrombotic microangiopathy.
• Diverse pipeline includes late-stage clinical programs and promising preclinical targets.

Negative

• None.

Omeros Corporation (NASDAQ: OMER), today announced that the company will issue its second quarter financial results for the period ended June 30, 2021, on Monday, August 9, 2021, after the market closes. Omeros management will host a conference call and webcast that day at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss the financial results as well as recent developments and highlights.

Conference Call Details

To access the live conference call via phone, please dial (844) 831-4029 from the United States and Canada or (920) 663-6278 internationally. The participant passcode is 4195376. Please dial in approximately 10 minutes prior to the start of the call. A telephone replay will be available for one week following the call and may be accessed by dialing (855) 859-2056 from the United States and Canada or (404) 537-3406 internationally. The replay passcode is 4195376.

To access the live and subsequently archived webcast of the conference call, go to Omeros’ website at https://investor.omeros.com/upcoming-events.

About Omeros Corporation

Omeros is a commercial-stage biopharmaceutical company committed to discovering, developing and commercializing small-molecule and protein therapeutics for large-market and orphan indications targeting inflammation, immunologic diseases (e.g., complement-mediated diseases and cancers) and central nervous system disorders. Its commercial product OMIDRIA® (phenylephrine and ketorolac intraocular solution) 1%/0.3% continues to gain market share in cataract surgery. Omeros’ lead MASP-2 inhibitor narsoplimab targets the lectin pathway of complement and is the subject of a biologics license application under priority review by FDA for the treatment of hematopoietic stem cell transplant-associated thrombotic microangiopathy. Narsoplimab is also in multiple late-stage clinical development programs focused on other complement-mediated disorders, including IgA nephropathy, atypical hemolytic uremic syndrome and COVID-19. OMS906, Omeros’ inhibitor of MASP-3, the key activator of the alternative pathway of complement, is in a Phase 1 clinical trial, and the company’s PDE7 inhibitor program OMS527, targeting addiction and movement disorders, has successfully completed a Phase 1 trial. Omeros’ pipeline holds a diverse group of preclinical programs including a proprietary-asset-enabled antibody-generating technology and a proprietary GPCR platform through which it controls 54 GPCR drug targets and their corresponding compounds. One of these novel targets, GPR174, modulates a new cancer immunity axis recently discovered by Omeros, and the company is advancing GPR174-targeting antibodies and small-molecule inhibitors. For more information about Omeros and its programs, visit www.omeros.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210803005436/en/

FAQ

When will Omeros announce its Q2 2021 financial results?

Omeros will announce its Q2 2021 financial results on August 9, 2021, after market close.

How can I access Omeros' conference call for Q2 results?

To access the live conference call, dial (844) 831-4029 in the US or (920) 663-6278 internationally, with the passcode 4195376.

What is the status of narsoplimab by Omeros?

Narsoplimab is under priority review by the FDA for the treatment of thrombotic microangiopathy.

What therapeutic areas is Omeros focused on?

Omeros focuses on inflammation, immunologic diseases, and central nervous system disorders.