SEATTLE--(BUSINESS WIRE)--Omeros Corporation (Nasdaq: OMER) today announced the establishment of the Omeros Oncology Clinical Steering Committee to advance Omeros' OncotoX biologics program focused on acute myeloid leukemia (AML). AML is the most fatal form of leukemia and accounts for approximately 80 percent of acute leukemias in adults and one-third of all cancers affecting the blood/bone marrow, representing a high unmet need. Omeros' OncotoX program for AML consists of proprietary targeted.
Omeros Corporation (NASDAQ:OMER ) Q4 2024 Earnings Conference Call March 31, 2025 4:30 PM ET Company Participants Jennifer Williams - Investor and Media relations, Cook Williams Communications, Inc. Gregory Demopulos - Chairman & CEO David Borges - Chief Accounting Officer Catherine Melfi - Chief Regulatory Officer Nadia Dac - Chief Commercial Officer Steven Whitaker - VP, Clinical Development Conference Call Participants Steve Brozak - WBB Olivia Brayer - Cantor Fitzgerald John Gionco - Needham & Company Brandon Folkes - Rodman & Renshaw Operator Good afternoon, and welcome to today's Earnings Call for Omeros Corporation. At this time, all participants are in listen-only mode.
SEATTLE--(BUSINESS WIRE)--Omeros Corporation (Nasdaq: OMER) today announced recent highlights and developments as well as financial results for the fourth quarter and year ended December 31, 2024, which include: Net loss for the fourth quarter of 2024 was $31.4 million, or $0.54 per share, compared to a net loss of $32.2 million, or $0.56 per share for the third quarter of 2024. For the year ended December 31, 2024, net loss was $156.8 million, or $2.70 per share, compared to a net loss of $117.
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Biotechnology Industry | Healthcare Sector | Dr. Gregory A. Demopulos M.D. CEO | LSE Exchange | US6821431029 ISIN |
United States Country | 198 Employees | - Last Dividend | - Last Split | 8 Oct 2009 IPO Date |
Omeros Corporation is a clinical-stage biopharmaceutical company engaged in the discovery, development, and commercialization of therapeutic products for a wide range of medical disorders. Founded in 1994 and based in Seattle, Washington, the company focuses on delivering innovative treatments for immunologic diseases, cancers, and conditions related to addiction and compulsive disorders. By targeting small-molecule and protein therapeutics, and specializing in orphan indications, Omeros is dedicated to addressing unmet medical needs, particularly in areas where treatment options are limited or non-existent.
A pivotal clinical trial has been completed for Narsoplimab, a therapeutic candidate aimed at treating hematopoietic stem-cell transplant-associated thrombotic microangiopathy (TA-TMA). Additionally, it is undergoing a Phase III clinical trial for patients with immunoglobulin A nephropathy (IgAN) and a Phase II clinical trial to assess its efficacy in treating COVID-19.
This long-acting, second-generation antibody is in Phase I clinical trials. It targets lectin pathway disorders, showcasing Omeros' commitment to addressing areas with significant unmet medical needs.
Currently, OMS906 has completed Phase II clinical trials. This product candidate is designed for the treatment of Paroxysmal nocturnal hemoglobinuria (PNH), complement 3 glomerulopathy (C3G), and other disorders associated with the alternative pathway of the complement system.
In Phase I clinical trials, OMS527 is being developed for the treatment of addictions and compulsive disorders, alongside movement disorders, demonstrating Omeros' foray into neurological conditions with significant impact on public health.
The company is also pursuing several ambitious preclinical development programs. These include MASP-2, targeting lectin pathway disorders; MASP-3 small-molecule inhibitors aimed at alternative pathway disorders; and a diverse array of immunotherapies such as Adoptive T-Cell and Chimeric Antigen Receptor (CAR) T-Cell Therapies and Immunomodulators/Immunotoxins/Cancer Vaccines for various cancers. These cutting-edge scientific endeavors highlight Omeros Corporation's dedication to pioneering treatments for complex conditions and diseases.