July 30, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Omeros Corporation (NASDAQ: OMER) said that it has secured a committed equity financing facility under which it may sell up to $40 million of its shares of common stock to Azimuth Opportunity, Ltd. over a 24-month period.

Omeros said it is not obligated to use the facility and remains free to enter into and consummate other equity, debt and non-dilutive financing transactions.

The company plans to use the proceeds from future sales of securities under the facility, if any, for general corporate purposes.

Washington-based Omeros is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing products focused on inflammation and disorders of the central nervous system.

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