Omeros's Narsoplimab Shows Encouraging Action In Critically Ill COVID-19 Patients


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


  • Omeros Corporation (NASDAQ:OMER) has announced preliminary results from the second cohort (n=10) of critically ill COVID-19 patients treated with narsoplimab in Bergamo, Italy.
  • The patients were part of the "second surge" of COVID-19 in Italy. Narsoplimab is an inhibitor of mannan-binding lectin-associated serine protease 2 (MASP-2), the effector enzyme of the lectin pathway of complement.
  • 80% of the patients recovered, survived, and were discharged. Two deaths were reported - one due to complications of pre-existing cardiomyopathy and another from multi-organ failure.
  • Omeros plans to publish detailed data from the study in a peer-reviewed scientific journal.
  • Narsoplimab holds Breakthrough Therapy and Orphan designations in both hematopoietic stem cell transplant-associated thrombotic microangiopathy (HSCT-TMA) and IgA nephropathy.
  • A marketing application for narsoplimab in HSCT-TMA is under Priority Review by FDA.
  • Price Action: OMER shares are up 5.54% at $15.63 during the market session on the last check Friday.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: BiotechNewsHealth CareSmall CapFDAGeneralBriefsCovid-19