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Omeros Corporation (OMER) Message Board

  • rrtzrealmd rrtzrealmd Jan 17, 2013 7:37 PM Flag

    Gotta love them GPCRs!...

    ...they make for a wonderful, near continuous stream of totally meaningless press releases...

    ...OMER's recent serving of baloney says they have "identified small molecules that interact with a Class B GPCR"...well, that certainly deserves a long and enthusiastic "bronx cheer"...

    ...OMER conveniently leaves out minor details concerning possibilities for future development...

    ...for example, they neglect to mention that -- to the best of my knowledge at least -- no one has developed a GPCR ligand into an actual functioning drug despite considerable efforts over the past TEN YEARS PLUS...

    ...indeed, back in 1999, Merck licensed Norak Biosciences' GPCR "transfluor" tchnology for drug discovery...Norak eventually went belly up after selling the technology to Molecular Devices...and what did Molecular Devices do with it -- nothing...

    ...and how many drugs has Merck introduced based upon GPCRs?...uh-huh -- zero...

    ...but they haven't given up, a couple of years ago they signed another deal with Domain Therapeutics for yet another "discovery-stage program targeting a G protein-coupled receptor (GPCR)"...well, maybe within the NEXT twelve years, they'll be able to come up with something they can actually submit a NDA for...

    ...too bad OMER can't emulate Heptares and get partners like the ones Heptares has -- Shire, Cubist, Astr-Zeneca, Takeda, Novartis...why, Heptares probably has more cash than they know what to do with...

    ...and it's probably a safe bet that Heptares doesn't have a 20 MILLION dollar loan at 9.5% interest and doesn't have any plans to sell 60 MILLION dollars worth of stock at ANY price they can get at ANY time that they want to...

    ...of course, OMER probably wants to hog all those FUTURE "profits" for themselves, right?...

    ...so no doubt OMER will overlook all the obstacles and will keep those press releases rolling -- gotta give the shareholders SOMETHING for their money, right?...HAW, HAW, HAW!!!!....

    Sentiment: Strong Sell

 
OMER
11.27-0.06(-0.53%)Apr 17 4:00 PMEDT

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