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Omeros Corporation (OMER) Message Board

  • rrtzrealmd rrtzrealmd Mar 19, 2013 9:39 AM Flag

    HAW!!!...what a coincidence!...

    ...the day after OMER releases its earnings report letting everyone know it's probably down to enough cash to last it maybe another quarter, they issue a press release proudly announcing:

    "Through an extensive battery of behavioral, electrophysiological and neurotransmitter studies in animals, Omeros identified the mechanism by which its proprietary PDE7 inhibitors reduce the heightened dopamine release caused by drugs of abuse."

    ...and that they're planning on filing an IND and starting trials later this year...

    ...of course, that's pretty much what they said TWO YEARS AGO when they announced they had licensed the compound from the global pharmaceutical company Daiichi Sankyo Co...

    ...it's too bad for Daiichi Sankyo Co, the second largest pharmaceutical company in Japan, that their own small ARMY of biochemists and pharmacologists were too stupid to figure the link out themselves...

    ...no, they left that tiny U.S. biotech company, bordering on insolvency, that hasn't been able to gain approval for irrigation solutions containing NOTHING but water mixed with a few GENERIC DRUGS despite having worked on them for OVER TWENTY YEARS...

    ...talk about bad luck for Daichi Sankyo, huh?...

    ...of course, OMER won't be able to develop their latest "discovery" without a HUGE chunk of money -- certainly a LOT MORE than what they currently have in the bank which means they'll either have to have a secondary or else start selling some of the 60 MILLION dollars in stock they can sell at ANY PRICE and at ANY TIME they want...

    ...yeah, those guys at Daichi were probably crying in their sake as they read that press release...that's what comes from LAUGHING so hard!!!...HAW, HAW, HAW!!!!!...

    Sentiment: Sell

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OMER
12.05-0.24(-1.95%)11:12 AMEDT

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