Biotechnology is hard enough all on its own without investors complicating things with low-potential drugs in difficult markets. With that in mind, I don't see significant opportunity in Omeros (OMER). The company's near-term pipeline for ophthalmology and knee surgery isn't all that promising, and the early-stage pipeline of MASP-2, PDE10, PDE7, GPCR, and PPAR-gamma has far too little supporting data at this point to validate a high valuation or multiple.
OMS302 Likely To Make It, But Will It Matter​?...
Of all of the compounds under development at Omeros, OMS302 ('302) is both the farthest along in development and the most likely to reach the market. Unfortunately, I'm not certain there's a substantial market opportunity for it.
'302 is...