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Omeros (OMER) Plans to File Patent Infringment Suit vs. Par Pharma

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Omeros (OMER) PT Raised to $70 at Wedbush

August 18, 2015 1:10 PM EDT

Wedbush analyst Liana Moussatos reiterated an Outperform rating and raised her price target on Omeros Corp. (NASDAQ: OMER) to $70.00 (from $61.00), saying OMS721 achieved proof of concept for aHUS in the firm's view.

Moussatos commented, "With significant normalization of platelet counts and other TMA parameters... More

Omeros (OMER) Announces Additional Positive OMS721 Phase 2 Data

August 18, 2015 7:04 AM EDT

Omeros (NASDAQ: OMER) announced additional positive data in the company's Phase 2 clinical trial of OMS721 for the treatment of thrombotic microangiopathies (TMAs). TMAs are a family of rare, debilitating and life-threatening disorders characterized by excessive thrombi (clots) aggregations of platelets in the microcirculation of the body's organs, most commonly the kidney and brain. OMS721 is Omeros' lead human monoclonal antibody in its mannan-binding lectin-associated serine protease-2 (MASP-2) program for the treatment of TMAs, including atypical hemolytic uremic syndrome (aHUS).

The Phase 2 trial is designed to enroll primarily aHUS patients but can also enroll patients with... More