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Seattle-based biotech Omeros prices IPO at $10.00, at low end of the range

October 8, 2009

Omeros, which is developing drugs for the treatment of surgery-related inflammation and pain, raised $68 million by offering 6.82 million shares at $10, at low end of the proposed $10 to $12 range. Shares are expected to begin trading Thursday on the NASDAQ under the symbol OMER. Deutsche Bank was lead manager on the deal.