Omeros Says All Narsoplimab-treated Patients Recovered From COVID-19
Omeros Corp. (OMER) announced the recovery and survival of all patients in study evaluating narsoplimab for treatment of COVID-19 associated acute respiratory distress syndrome. The company is in discussions with U.S. government agencies regarding acceleration of narsoplimab manufacturing for use in COVID-19 patients.
All six narsoplimab-treated patients, who required mechanical ventilation prior to the treatment, recovered, survived and were discharged from the hospital, the company said in a statement.
The company said narsoplimab treatment was associated with rapid and sustained reduction across all assessed markers of endothelial/cellular damage and/or inflammation. Narsoplimab was well tolerated in the study and no adverse drug reactions were reported.
In Monday pre-market trade, OMER was trading at $20.66 up $6.53 or 46.21 percent.
Stock Alert: Omeros Jumps To New 52-week High On Positive Narsoplimab Data
Shares of Omeros Corp. (OMER) are gaining almost 48 percent or $6.76 in Monday’s morning trade at $20.89, after earlier touching a new 52-week high of $22.00 following positive data from a study evaluating Narsoplimab in the treatment of COVID-19 patients.
Monday, the Seattle, Washington-based biopharmaceutical company reported the recovery and survival of all patients in a compassionate-use study evaluating Narsoplimab for the treatment of COVID-19-associated Acute Respiratory Distress Syndrome or ARDS.
Omeros noted that all six narsoplimab-treated patients, who required mechanical ventilation prior to the treatment, recovered, survived and were discharged from the hospital. The company said it is in discussions with U.S. government agencies regarding potential funding to accelerate the large-scale manufacturing of narsoplimab for use in COVID-19 patients.
Omeron has traded in a range of $8.50 to $22.00 in the past 52 weeks.
Birmingham fire: Thick black smoke rises above city – latest updates
We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights.
Pictures shared on Twitter show a plume of dark smoke rising above the city.
More to follow.
This is a breaking news story please refresh the page for updates.
Former PayPal exec Stephane Kasriel will head Facebook Pay, its Venmo-like service, backed by new team
- Facebook is forming a new team to oversee the handful of payment services its announced in the past year.
- The company will also bring in former PayPal executive Stephane Kasriel to head Facebook Pay, its Venmo-like service.
Facebook is bringing in former PayPal executive Stephane Kasriel to head Facebook Pay, its Venmo-like service, Facebook's cryptocurrency head David Marcus said Monday.
Facebook is also forming a new team that will oversee the handful of payment services Facebook has announced in the past year, in a move that could help link its family of apps even closer.
Facebook did not immediately respond to a request for comment.
Facebook has ventured further into the payment space over the past year. The company launched Facebook Pay, which allows users to send money over its family of apps, on Facebook proper and Facebook Messenger last November. It intends to roll out Pay broadly in the U.S. on Instagram in the coming weeks, and is currently testing Pay on WhatsApp in Brazil.
Facebook is also backing a digital payment system called Libra, with the intention of making it easier for people to send money across the world. While Libra will be run by a nonprofit association, Facebook houses and could profit off of Novi, a digital wallet for storing and exchanging the digital coin.
Subscribe to CNBC on YouTube.
US police's facial recognition systems misidentify Black people
As nationwide protests continue, the message is no longer just about specific incidents of violence, but about what demonstrators say is systemic racism in policing.
It has been more than two months since the killing of George Floyd at the hands of police in the United States.
And as protests continue – the message is no longer just about specific incidents of violence, but about what demonstrators say is systemic racism in policing.
One of the most obvious examples is the widespread use of facial recognition systems that have been proven to misidentify people of colour.
Al Jazeera’s Shihab Rattansi reports.
Drive-up testing site at Aurora Sports Park opens for free COVID-19 testing
A new drive-up COVID-19 testing site opened on Monday morning at the Aurora Sports Park.
Gov. Jared Polis and Aurora Mayor Mike Coffman were scheduled to be two of the first patients when the site opened at 10 a.m.
The site will be open from 8 a.m. to 4 p.m. daily. Testing is free to anyone, with or without symptoms. The city of Aurora, the state and Arapahoe CARES contributed funds for the site.
Hong Kong media tycoon arrested under new security law
Newspaper owner Jimmy Lai and six others linked to his pro-democracy Apple Daily are in custody on charges of colluding with foreign forces.
Police in Hong Kong have arrested one of the most prominent figures under the new national security law.
Jimmy Lai and six others linked to his pro-democracy newspaper Apple Daily are in custody on charges of colluding with foreign forces.
The Hong Kong Journalists Association says it is a worrying development for media freedom.
Al Jazeera’s Sarah Clarke reports.