On Thursday, Shares of Omeros Corporation (NASDAQ:OMER), gained 6.16% to $13.79.
Omeros Corporation, declared additional positive data in the company’s Phase 2 clinical trial of OMS721 for the treatment of thrombotic microangiopathies (TMAs). TMAs are a family of rare, debilitating and life-threatening disorders characterized by excessive thrombi (clots) – aggregations of platelets – in the microcirculation of the body’s organs, most commonly the kidney and brain. OMS721 is Omeros’ lead human monoclonal antibody in its mannan-binding lectin-associated serine protease-2 (MASP-2) program for the treatment of TMAs, counting atypical hemolytic uremic syndrome (aHUS).
The Phase 2 trial is designed to enroll primarily aHUS patients but can also enroll patients with thrombotic thrombocytopenic purpura (TTP) and hematopoietic stem cell transplant (HSCT)-related TMA. The trial has fully enrolled the first and second cohorts and is presently concluding the third and final planned cohort of its dose-ranging stage. In each three-patient cohort, OMS721 is dosed for four weeks. Data from the first (low-dose) cohort were released on February 19, 2015. Recently the company is releasing data from its second (mid-dose) cohort and data to date from its third (high-dose) cohort.
Omeros Corporation, a biopharmaceutical company, discovers, develops, and commercializes small-molecule and protein therapeutics, and orphan indications targeting inflammation, coagulopathies, and disorders of the central nervous system.
Shares of Tower Semiconductor Ltd. (USA) (NASDAQ:TSEM), inclined 4.50% to $14.16, during its last trading session.
TowerJazz, declared it has signed a definitive agreement with one of its customers to receive $30 million advance payment which would be used for capacity expansion in its worldwide fabs. TowerJazz will provide secured capacity to support current and forecasted customer manufacturing needs.
Russell Ellwanger, TowerJazz CEO, stated, “We are seeing through customers’ forecasts, purchase orders, and our sales and marketing channels a very high demand, surpassing our current manufacturing capabilities, primarily in our analog 0.18um technology processes. Hence, we are implementing a four-pronged, proactive strategy as follows: (i) we are rapidly cross qualifying our Israeli, US and Japanese fabs for manufacture of products and technology platforms originating in our US and Israeli fabs, (ii) we are investing in capacity to enable quick ramp up of more products, (iii) we are continuously exploring M&A opportunities and (iv) we are engaging in customer funded programs for customers who need capacity reservation and/or new capabilities and capacity. This signed definitive agreement is an example of the latter. We continue to execute on all fronts in parallel.”
Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures analog intensive mixed-signal semiconductor devices in the United States, Asia, and Europe. It produces integrated circuits (ICs) primarily based on third party designs, in addition to provides design support and related technical services.
At the end of Thursday’s trade, Shares of Rice Energy Inc (NYSE:RICE), gained 1.80% to $19.82.
Rice Energy Inc., declared its annual fundraising event has raised more than $600,000 for 36 local first responders in southwestern Pennsylvania and southeastern Ohio.
Rice Energy’s annual community festival, affectionately dubbed “Marcellus Mania,” has become one of the largest community beneficiary events in the Appalachian Region. Since 2012, Marcellus Mania has raised more than $1.2 million in donations from Rice Energy’s vendors and contractors for the benefit of local first responders, counting local volunteer fire departments, emergency medical services, regional safety organizations and police departments. On August 29, 2015, over 4,300 people attended Marcellus Mania 2015 at the Washington County Fairgrounds in Washington, PA where Rice Energy declared this year’s record setting donation.
Toby Rice, Rice Energy’s President and Chief Operating Officer, commented, “At Rice Energy, being good stewards of the land extends beyond executing safe and responsible development of our wellsites. The donations we provide to the local first responders affords these organizations the ability to upgrade their equipment and improve the general wellbeing and safety of the communities where we do business. On behalf of the 350 full-time Rice Energy employees that call Appalachia home, we believe that making our communities safer is the right thing to do, and as Rice Energy continues to grow, we intend to continue playing an instrumental role in ensuring these local communities stay safe.”
Rice Energy Inc., an independent natural gas and oil company, engages in the acquisition, exploration, and development of natural gas, oil, and natural gas liquid (NGL) properties in the Appalachian Basin.
Finally, ACE Limited (NYSE:ACE), ended its last trade with 0.01% gain, and closed at $100.74.
Although many headline-grabbing cyber attacks focus on public companies, private and not-for-profit organizations face just as much risk — sometimes more, because they are seen as easier targets. In response to these growing threats, ACE Group recently declared the launch of a new coverage component for the ACE Express package policy. Specifically designed to protect private and not-for-profit organizations from the modern-day perils of managing a company, the updated package policy enables insureds to purchase privacy and network liability coverage in a single policy with their Directors & Officers (D&O), Employment Practices Liability (EPL), Fiduciary, and Crime insurance.
With this comprehensive solution, insureds can customize a program that best addresses their exposures, and are able to add coverages to their package as their businesses evolve. The privacy and network liability coverage section was designed to address new and emerging privacy concerns, granting insureds access to the same experts and award-winning Loss Mitigation Services that accompany ACE’s other industry-leading cyber solutions.
ACE Limited, through its auxiliaries, provides a range of property and casualty insurance and reinsurance products worldwide. The company’s Insurance North American P&C segment offers casualty insurance, environmental, inland marine, professional risk, disaster protection, vacant land and building, and claims and risk administration services; homeowners, automobile, valuables, umbrella liability, and recreational marine insurance; and wholesale excess and surplus lines property, casualty, environmental, professional liability, inland marine, and product recall coverages.
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