Omeros Announces Additions to Senior Management Team

Omeros Corporation (Nasdaq: OMER) today announced that it hired two new senior management team members – Daniel Kirby as vice president and head of commercial and Justin McCue, Ph.D. as vice president of chemistry, manufacturing and controls (CMC). Their respective responsibilities cover all of Omeros’ programs, with the current primary areas of focus for both being the continued expansion of market success for OMIDRIA (phenylephrine and ketorolac intraocular solution) 1% / 0.3% and preparations for the commercialization of OMS721. OMIDRIA is the company’s marketed drug and the only product of its kind for cataract and lens replacement surgery. OMS721 is Omeros’ lead human monoclonal antibody targeting mannan-binding lectin-associated serine protease-2 (MASP-2), the effector enzyme of the complement system’s lectin pathway. OMS721 is in Phase 3 clinical programs for hematopoietic stem cell-associated thrombotic microangiopathy (HSCT-TMA), for immunoglobulin A (IgA) nephropathy and for atypical hemolytic uremic syndrome. OMS721 has been granted breakthrough therapy designations by FDA for both HSCT-TMA and IgA nephropathy.

“I’m excited to be joining Omeros,” said Daniel Kirby. “The breadth and depth of the company’s assets are truly impressive. With our marketed drug OMIDRIA increasingly funding the pipeline, one of my primary objectives is the rapid and successful commercialization of OMS721. With multiple Phase 3 programs for OMS721 and strong clinical data across all of the drug’s current targeted indications, my team is focused on expanding disease awareness and building market access, making OMS721 readily available for the benefit of patients and their treating physicians.”

“Omeros has strong and experienced leadership together with an impressive and deep pipeline of both small-molecule and protein therapeutic programs that holds multiple opportunities to develop new and effective therapies,” stated Justin McCue. “Using cutting-edge science, development and manufacturing processes, the company is advancing several candidate molecules with novel mechanisms of action, all of which would likely be first-in-class. I look forward to helping Omeros achieve its near-term goals of commercializing OMS721 and successfully developing our diverse pipeline.”