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Biotech Stocks Facing FDA Decision In October 2021

Omeros
Omeros

Omeros Corp.’s (OMER) Narsoplimab, proposed for the treatment of hematopoietic stem cell transplant-associated thrombotic microangiopathy, awaits the FDA decision on October 17, 2021.

Hematopoietic stem cell transplant-associated thrombotic microangiopathy (HSCT-TMA) is a lethal complication of stem cell transplantation caused by endothelial cell damage, which is induced by conditioning regimens, immunosuppressant therapies, infection, graft-versus-host disease, and other factors associated with stem cell transplantation.

Currently there are no approved drugs for HSCT-TMA.

If approved, Narsoplimab could achieve sales of $575 million globally in the indication of HCST-TMA by 2027, according to Global Data. (Source: Clinical Trials Arena).

OMER closed Wednesday’s trading at $13.40, down 2.83%.