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Omeros Corporation - OMER STOCK NEWS

Welcome to our dedicated page for Omeros Corporation news (Ticker: OMER), a resource for investors and traders seeking the latest updates and insights on Omeros Corporation stock.

Omeros Corporation (symbol: OMER) is a biopharmaceutical company headquartered in Seattle, United States. The company is deeply committed to the discovery, development, and commercialization of small-molecule and protein therapeutics. Omeros targets a range of large-market and orphan indications, particularly focusing on conditions related to inflammation, coagulopathies, and central nervous system disorders.

Omeros is engaged in discovering and developing treatments for immunologic disorders including complement-mediated diseases, cancers, and addictive and compulsive disorders. A key player in their pipeline is narsoplimab (OMS721). This proprietary, patented human monoclonal antibody targets mannan-binding lectin-associated serine protease 2 (MASP-2), which is a crucial activator of the lectin pathway of complement.

Currently, the clinical development of narsoplimab focuses on treating hematopoietic stem cell transplant-associated thrombotic microangiopathy (HSCT-TMA) and immunoglobulin nephropathy (IgAN). The promising results of these studies indicate significant potential in tackling these severe conditions.

In recent achievements, Omeros has forged strategic partnerships and collaborations to propel the development of its therapeutic candidates. Financially, the corporation maintains stability through well-planned funding strategies and has shown resilience in adapting to market demands and research challenges.

Omeros Corporation is dedicated to improving patient outcomes and advancing medical science through its innovative research and development initiatives. The company's unwavering dedication to addressing unmet medical needs ensures its significant role in the biopharmaceutical landscape.

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Omeros announced financial results for Q4 and year-end 2023, with a net loss of $9.1 million in Q4, compared to $37.8 million in the previous quarter. The company reported a net loss of $117.8 million for the full year, including a $200.0 million milestone payment. Omeros also secured $115.5 million in cash from an amended OMIDRIA royalty purchase agreement with DRI Healthcare Acquisitions LP.
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Omeros (NASDAQ: OMER) will release its financial results for the quarter and year ended December 31, 2023, on April 1, 2024. A conference call and webcast will follow to discuss the results and recent developments.
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Omeros Corporation (OMER) announces the upcoming presentation of a report on narsoplimab treatment for TA-TMA. The report will be presented at the 2024 Tandem Meetings by U.S. investigators. Narsoplimab targets MASP-2 and will be featured as a poster presentation in San Antonio, Texas.
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Omeros Corporation announced an expanded deal with DRI Healthcare Acquisitions LP, resulting in a $115 million upfront payment and the potential for an additional $55 million in sales-based milestones. This deal involves an expanded interest in certain royalty payments based on net sales of OMIDRIA in the United States, which is a novel ophthalmic product for use in cataract and lens replacement surgery. The expanded agreement extends Omeros' operating runway and provides substantial additional non-dilutive working capital. Omeros retains the upside of all ex-U.S. royalties and, after 2031, of all global royalties from OMIDRIA sales.
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Omeros Corporation (Nasdaq: OMER) announced Q3 financial results, including a net loss of $37.8 million, and recent developments in their clinical-stage biopharmaceutical programs. Highlights include discontinuation of the Phase 3 ARTEMIS-IGAN clinical trial, resubmission plans for the BLA for narsoplimab in TA-TMA, and advancements in OMS906 and OMS527 programs. The company also expects to pay the $95 million principal balance due at maturity of their unsecured convertible senior notes on November 15, 2023.
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Omeros Corporation (NASDAQ: OMER) will release its financial results for the quarter ended September 30, 2023, on November 9, 2023. The company will host a conference call and webcast on the same day to discuss the financial results and recent developments. The conference call details are available on Omeros' website.
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Omeros Corporation announces the online publication of a report on the treatment of patients with hematopoietic stem cell transplant-associated thrombotic microangiopathy (TA-TMA) using narsoplimab. The report will be presented at the Annual Meeting of the American Society of Hematology.
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Omeros Corporation announced that two abstracts on OMS906, an investigational inhibitor of MASP-3, will be presented at the 65th Annual Meeting of the American Society of Hematology. The abstracts discuss the normalization of hemoglobin levels and increased clone size in treatment-naïve PNH patients, as well as the effective inhibition of complement-mediated hemolysis in preclinical models.
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Omeros Corporation appoints Andreas Grauer as chief medical officer
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Omeros Corporation provides update on ARTEMIS-IGAN trial for narsoplimab in IgA nephropathy
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FAQ

What is the current stock price of Omeros Corporation (OMER)?

The current stock price of Omeros Corporation (OMER) is $6.75 as of November 15, 2024.

What is the market cap of Omeros Corporation (OMER)?

The market cap of Omeros Corporation (OMER) is approximately 396.1M.

What is Omeros Corporation's primary focus?

Omeros Corporation focuses on discovering, developing, and commercializing small-molecule and protein therapeutics for various medical conditions.

What are the main areas of research for Omeros?

Omeros focuses on inflammation, coagulopathies, central nervous system disorders, immunologic disorders including complement-mediated diseases, cancers, and addictive and compulsive disorders.

What is narsoplimab (OMS721)?

Narsoplimab (OMS721) is a proprietary, patented human monoclonal antibody targeting MASP-2, crucial in activating the lectin pathway of complement, and is in clinical development for treating HSCT-TMA and IgAN.

Where is Omeros Corporation headquartered?

Omeros Corporation is headquartered in Seattle, United States.

What recent achievements has Omeros made?

Omeros has made significant strides in clinical studies of narsoplimab and formed strategic partnerships to enhance the development of its therapeutic candidates.

How does Omeros fund its research and development?

Omeros funds its research and development through well-planned funding strategies, maintaining financial stability.

What is the significance of the lectin pathway of complement?

The lectin pathway of complement is involved in the immune system's response to pathogens, and MASP-2 is a key activator of this pathway, making it a significant therapeutic target.

Why is narsoplimab important for Omeros?

Narsoplimab is a leading drug candidate with potential to treat serious conditions like HSCT-TMA and IgAN, highlighting Omeros's innovative capabilities in biopharmaceuticals.

What types of disorders does Omeros target?

Omeros targets disorders related to inflammation, coagulopathies, central nervous system disorders, and immunologic disorders, including complement-mediated diseases and cancers.

How does Omeros contribute to patient outcomes?

Through innovative research and development, Omeros aims to improve patient outcomes by addressing unmet medical needs with their advanced therapeutics.

Omeros Corporation

Nasdaq:OMER

OMER Rankings

OMER Stock Data

396.07M
57.95M
4.45%
43.26%
20.91%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
SEATTLE