Market Overview

Wedbush Reiterates Outperform Rating on Omeros on Potential Increased OMS302 Use

Share:
Related OMER
30 Stocks Moving In Tuesday's Mid-Day Session
Omeros' OMIDRIA Eye Drop OK'ed For Pediatric Use

In a report published Monday, Wedbush analyst Liana Moussatos reiterated an Outperform rating on Omeros Corporation (NASDAQ: OMER).

In the report, Wedbush noted, “A recent conversation with a high-volume cataract surgeon on OMS302's potential use enhances our outlook for Omeros. The FDA is cracking down on sterility of topical solutions used during intraocular lens replacement surgery. We recently had a conversation with a high-volume cataract surgeon about the changing regulatory landscape following sterility issues at compound pharmacies. The FDA has indicated that each patient must be given a separate bottle for topical NSAIDs and mydriatic agents. In addition, surgeons are no longer allowed to mix their own homebrews of these agents for use during surgery—a common practice.”

Omeros Corporation closed on Friday at $5.09.

Latest Ratings for OMER

DateFirmActionFromTo
Nov 2017H.C. WainwrightInitiates Coverage OnBuy
Nov 2017Cowen & Co.DowngradesOutperformMarket Perform
May 2017Cantor FitzgeraldDowngradesBuyNeutral

View More Analyst Ratings for OMER
View the Latest Analyst Ratings

Posted-In: Liana Moussatos WedbushAnalyst Color Reiteration Analyst Ratings

 

Related Articles (OMER)

View Comments and Join the Discussion!