Sign Up for the Health Care Inc. Northwest Newsletter
Send this story to a friend
Omeros reports 'positive' eye drug results
- Ben Miller
- Contributing Editor- Puget Sound Business Journal
Omeros Corp. shares were up in early Tuesday trading after the Seattle company announced "positive data" from the results of a test of its eye drug.
Omeros (NASDAQ: OMER) reported positive data of its "OMS721... in a ... model of neovascular age-related macular degeneration, which is characterized by abnormal growth of new blood vessels behind the retina of the eye and is a leading cause of vision loss in individuals over 60 years of age."
"The data from this study directly evaluating the activity of OMS721 ... further support its potential effects in the treatment of a wide range of complement-related diseases in humans," said Dr. Gregory Demopulos, chairman CEO of Omeros, in a statement.
Shares in Omeros were up more than 5 percent in early Tuesday trading, up 47 cents to $9.62.
Most Popular
- Most popular
- Emailed
- Mobile
- Meet Seattle's concierge to the super yachts
- Another downtown Seattle residential tower project is resurrected
- Century-old building will become a 4-star hotel in Seattle's Belltown
- Food trucks are the latest weapon in commercial real estate industry
- Washington's missing piece on health care could cost small firms money
- Which Seattle tech CEO is rated highest by his employees?
- 13 Coins will open a restaurant in Seattle's Pioneer Square
- Another delay for Hedreen’s mega-hotel project in downtown Seattle
- Boeing to spread 777X detailed design work nationwide
- Mystery solved on Google's floating barge at San Francisco
Email Newsletter Signup
Several retailers plan to open on Thanksgiving Day this year. Will you be among the early shoppers?
View Results
- Careers at Verizon Wireless Verizon Wireless | Local Opportunities
- Director of Marketing King County Directors' Association | Kent, WA
- Sr. Commercial Relationship Manager BECU | Seattle, WA
- Controller Earth Mama Angel Baby LLC | Clackamas, OR
- Resource Development Manager Downtown Seattle Association | Seattle, WA
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.