Ocera Therap (OCRX) Misses Q1 EPS by 1c

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Ocera Announces Appointment of Rajiv Patni, M.D. as Chief Development Officer

August 11, 2014 4:03 PM EDT

PALO ALTO, Calif., Aug. 11, 2014 (GLOBE NEWSWIRE) -- Ocera Therapeutics, Inc. (Nasdaq: OCRX), a clinical stage biopharmaceutical company focused on acute and chronic orphan liver diseases, today announced that Rajiv Patni, M.D. has been appointed as the Company's Chief Development Officer. Dr. Patni will commence his employment with Ocera on September 2, 2014.

"I am delighted to have Rajiv join our management team and expect that he will make significant contributions to the development of OCR-002," said Linda Grais, M.D., Chief Executive Officer of Ocera. "Rajiv has been involved in over 15 clinical development programs, across... More

Ocera Reports Second Quarter 2014 Financial Results

August 11, 2014 4:02 PM EDT

PALO ALTO, Calif., Aug. 11, 2014 (GLOBE NEWSWIRE) -- Ocera Therapeutics, Inc. (Nasdaq: OCRX), a clinical stage biopharmaceutical company focused on acute and chronic orphan liver diseases, today announced its financial results for the second quarter ended June 30, 2014. Net loss for the period was $7.2 million, compared to a net loss of $2.1 million in the same period of 2013. As of June 30, 2014, Ocera had cash, cash equivalents and investments of $38.1 million.

Ocera Clinical Trial Update

During the second quarter, Ocera continued patient enrollment in its "Stop HE" Phase 2b study of OCR-002, or ornithine... More