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0.00039416633819478 -0.00275916436736304 0.00202601497832089 0.0248324793062672 0.0106424911312574 -0.0137958218368152 -0.0165549862041781 0.0161608198659835
Stock impact report

Here's Why Omeros Corporation Fell as Much as 24.5% Today [The Motley Fool]

Omeros Corporation (OMER) 
Last omeros corporation earnings: 3/2 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.omeros.com
Company Research Source: The Motley Fool
The struggling drug developer reported third-quarter 2018 operating results and raised $210 million in debt. Maxx Chatsko ( TMFBlacknGold ) Nov 9, 2018 at 12:12PM What happened Shares of Omeros Corporation ( NASDAQ:OMER ) fell more than 24% today after the company announced and discussed its performance in the third quarter of 2018. Last month, the company's hyped-up lead drug candidate, OMS721, didn't deliver the goods in an early-stage study. In fact, it didn't prove any more effective than placebo. That reset investor confidence that an ongoing, 430-patient study will yield successful results when it wraps up in 2020. Therefore, it would be wise for the company to begin investing more resources in one of its earlier-stage drug candidates, especially considering the balance sheet sported just $55 million in cash and cash equivalents at the e Show less Read more
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