Omeros (OMER) Misses Q1 EPS by 11c

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Omeros Corporation Reports First Quarter 2016 Financial Results

May 10, 2016 7:20 AM EDT

-- Conference Call Today at 9:00 a.m. ET --

SEATTLE--(BUSINESS WIRE)-- Omeros Corporation (NASDAQ: OMER), a biopharmaceutical company committed to discovering, developing and commercializing both small-molecule and protein therapeutics for large-market as well as orphan indications targeting inflammation, coagulopathies and disorders of the central nervous system, today announced recent highlights and developments as well as financial results for the first quarter of 2016, which include:

1Q 2016 revenues were $7.4 million, an 11% increase over 4Q 2015. Net loss in 1Q was $20.5 million, or $0.54 per share, which included $4.7 million ($0.12 per share) of non-cash... More

Leonard M. Blum Joins Omeros to Lead Business and Commercial Activities

May 10, 2016 7:05 AM EDT

SEATTLE--(BUSINESS WIRE)-- Omeros Corporation (NASDAQ: OMER), a biopharmaceutical company committed to discovering, developing and commercializing both small-molecule and protein therapeutics for large-market as well as orphan indications targeting inflammation, coagulopathies and disorders of the central nervous system, today announced the hiring of Leonard Blum as chief business and commercial officer. Mr. Blum is leading the companys sales, marketing, commercial strategy and planning, and business development, including for OMIDRIA® (phenylephrine and ketorolac injection) 1% / 0.3% and the companys growing pipeline of development-stage programs.

Mr. Blum brings over 28 years of executive and management experience in... More